Question 2 A firm's short-run production function is given by Q=L(11 + L L²) where L is units of labour (not necessarily an integer, but is non-negative) (a) Find the size of the workforce (L) that maximises the output. Prove that this is a maximum. (b) The Average Product of Labour (APL) is the defined as AP, maximises AP₁. = (c) The Marginal Product of Labour (MP) is the defined as MPL is at its maximum. = Find the size of the workforce that dL Verify that MP₁ = AP₁ when AP₁

Within a foreign country, what perspectives must one consider?

Globalization had brought different effects to the society. It had changed that world and how the world processes. Different states join together in creating a better world for humanity. Different businesses establish parts of their business in different parts of the planet in order to provide work for the underdeveloped or developing nations. Most of these nations profit from the globalization processes of the world because this is the way in which they acquire profit. Having a Multi-national Corporation (MNC) invest in one of those nations provides good opportunity not only for the government but also the people. Among the entities involved in the process of globalization, the people are said to profit most for the reason that they are given opportunities and jobs for their family. However in another perspective, the MNCs could be seen as the most profitable entity in the aspect of globalization. It is known to many that the labor pay for the people of the developed and…

Why a cashless society are risks over opportunities? How does it destroy people's daily life?