A company determines that if L worker-hours of labor are employed, then Q units of a particular

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A company determines that if L worker-hours of labor are employed, then Q units of a particular commodity will be produced, where Q(L) = 500L2/3

a. What is the average production as labor varies from 1,000 to 2,000 worker-hours?

b. What labor level between 1,000 and 2,000 worker-hours results in the average production found in part (a)?

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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