Question
Given the following TP function, if the firm currently employs 50 workers and wants to increase output per worker it should: TP = 1000L +
Given the following TP function, if the firm currently employs 50 workers and wants to increase output per worker it should:
TP = 1000L + 2.5L2 -0.4L3
decrease labor
increase labor
continue to employ 50 workers
shut down
Plz answer help
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
