Answered: If MPL=5L*1/3 is a firm’s…

If MPL=5L*1/3 is a firm’s marginal-product function, where L is the single input labor and output is zero when L=0, find the production function for the firm.

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 3SQP

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If MPL=5L*1/3 is a firm’s marginal-product function, where L is the single input labor and output is zero when L=0, find the production function for the firm.

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