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Assume that the output relation in a paper production is given as Qc= -L3+15L2+10L where Q represents output level, L represents labour while capital is
Assume that the output relation in a paper production is given as Qc= -L3+15L2+10L where Q represents output level, L represents labour while capital is constant. The above production frameworkis an example of a
A) Constant production function
B) Short-run production function
C) Medium production function
D) Long -run production function
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