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Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616 Exercise 3
Suppose that a firm's production function is Q = F ( L ) = L 3 200 L 2 + 10,000 L. At what amount of labor input are the firm's average and marginal product of labor equal Confirm that the average and marginal product curves satisfy the relationship discussed in the text.
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Microeconomics 2nd Edition by Douglas Bernheim
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