Question
(3 pt) Dany Rodrik owns a Turkish restaurant. The production function relating the number of meals served per day (Q) and the number of
(3 pt) Dany Rodrik owns a Turkish restaurant. The production function relating the number of meals served per day (Q) and the number of employees hired per day (L) is shown below in the table. The marginal cost of serving a meal is lowest when Dani increases the number of meals served per day from serving a meal is lowest when Dani serves meals per day. The average variable cost of MPL APL (a) 45 to 56; 65 (b) 28 to 45; 56 10 to 28; 45 10 to 28; 28 28 to 45; 45 (c) (d) (e) LQ 0 0 1 10 2 28 3 45 4 56 65 5
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