MHB Finding maximum output, profit and consumer surplus

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The discussion revolves around maximizing output, profit, and consumer surplus in economic contexts. Participants address a production function Q = L2e-0.01L to determine the labor value that maximizes average product. They also explore the profit maximization condition where marginal revenue equals marginal cost, with specific derivative conditions. Additionally, they discuss calculating consumer surplus for a given demand function at a specific output level. The conversation emphasizes the importance of using calculus and economic principles to derive optimal values.
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I am struggling in college at the moment and I don't know where else to turn. Any assistance or advice would help, thank you
(a)

A firm’s short-run production function is given by Q = L2e-0.01L where Q = output and
L = labour. Find the value of L that maximises the average product of labour.





(b)

Using derivatives, show that the rule for profit maximisation is:



MR = MC and (MR)’ < (MC)’



Where MR = marginal revenue and MC = marginal cost.





(c)

Find the consumer’s surplus at Q = 8 for the demand function P = 100 – Q2.
 
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CollegeGuy said:
...
(a)

A firm’s short-run production function is given by Q = L2e-0.01L where Q = output and
L = labour. Find the value of L that maximises the average product of labour...

Is this supposed to be:

$$Q=L^2-0.01L$$ ?

If so, there are several says to proceed. You could find the axis of symmetry, express in vertex form, or use differentiation. What have you tried so far?
 

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