Question
. Y = 0.4X + 0.09X 2 + 0.003X 3 For the given production function. Find the following: (a)Level of input use at which output
.Y = 0.4X + 0.09X2 + 0.003X3
For the given production function. Find the following:
(a)Level of input use at which output will be maximum
(b)Level of input use at which marginal physical product will be maximum
(c)Level of input use at which average physical product will be maximum
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Essentials of Economics
Authors: N. Gregory Mankiw
8th edition
1337091995, 978-1337515351, 1337515353, 978-1337091992
