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Y= K 1/2 L 2 +3L Which factor or factors have diminishing marginal product? ___________ (capital, labor, or both) Explain how you know
Y= K1/2L2+3L
Which factor or factors have diminishing marginal product? ___________ (capital, labor, or both) Explain how you know
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Industrial Relations in Canada
Authors: Fiona McQuarrie
4th Edition
978-1-118-8783, 1118878396, 9781119050599 , 978-1118878392
