Multiple Choice
Refer to the following:
A firm estimates its long-run production function to be
Suppose the firm employs 12 units of capital.
-Average product when 10 units of labor are employed is
A) 12,248
B) 13,142
C) 14,287
D) 15,984
E) 30,672
Correct Answer:

Verified
Correct Answer:
Verified
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