When production function q= 0.2 LK+ 2L2K- 0.05L3K and K= 10 are given, find amount of labor at the point (MP and AP intersection) F in the graph above (K is fixed input).
When production function q= 0.2 LK+ 2L2K- 0.05L3K and K= 10 are given, find amount of labor at the point (MP and AP intersection) F in the graph above (K is fixed input).
Chapter1: Making Economics Decisions
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When production function q= 0.2 LK+ 2L2K- 0.05L3K and K= 10 are given, find amount of labor at the point (MP and AP intersection) F in the graph above (K is fixed input).
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