A firm estimates its cubic production function of the following form:
and obtains the following results:
‪
-When the rate of labor usage is 100 units of labor, output is _______ units. Average variable cost is $_________ and marginal cost is $__________

Question

A firm estimates its cubic production function of the following form:
  and obtains the following results:
‪ 
-When the rate of labor usage is 100 units of labor, output is _______ units. Average variable cost is $_________ and marginal cost is $__________

Quizplus · Accepted Answer

The Answer of A firm estimates its cubic production function of the following form:
  and obtains the following results:
‪ 
-When the rate of labor usage is 100 units of labor, output is _______ units. Average variable cost is $_________ and marginal cost is $__________

A Firm Estimates Its Cubic Production Function of the Following