Run production estimated, At what number of workers will

Run production estimated

Reference no: EM13688050

Presume you have a short run production estimated to be:

Q = 100L +50L² 3L³ where L = number of workers. At what number of workers will you first experience diminishing returns? At what level of employment will total output be maximized with this plant size?

Reference no: EM13688050

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Run production estimated : At what number of workers will you first experience diminishing returns? At what level of employment will total output be maximized with this plant size?

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