The following cubic equation is a long-run production function for a firm:
where Q is the number of units produced per year. Suppose the firm employs 25 units of capital.
-At _______ units of labor usage, marginal product of labor begins to diminish.

Question

The following cubic equation is a long-run production function for a firm:
  where Q is the number of units produced per year. Suppose the firm employs 25 units of capital.
-At _______ units of labor usage, marginal product of labor begins to diminish.

Quizplus · Accepted Answer

The Answer of The following cubic equation is a long-run production function for a firm:
  where Q is the number of units produced per year. Suppose the firm employs 25 units of capital.
-At _______ units of labor usage, marginal product of labor begins to diminish.

The Following Cubic Equation Is a Long-Run Production Function for a Firm