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Suppose the Production of a Firm Is Modeled by

Question 79

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Suppose the production of a firm is modeled by Suppose the production of a firm is modeled by where k measures capital (in millions of dollars) and l measures the labor force (in thousands of workers) . Suppose that and the labor force is increasing at the rate of 40 and capital is growing at a rate of $900,000 per year. Determine the rate of change of production. A) Production is increasing at a rate of 71.67 units per year. B) Production is increasing at a rate of 7.64 units per year. C) Production is increasing at a rate of 12.38 units per year. D) Production is increasing at a rate of 76.41 units per year. where k measures capital (in millions of dollars) and l measures the labor force (in thousands of workers) . Suppose that Suppose the production of a firm is modeled by where k measures capital (in millions of dollars) and l measures the labor force (in thousands of workers) . Suppose that and the labor force is increasing at the rate of 40 and capital is growing at a rate of $900,000 per year. Determine the rate of change of production. A) Production is increasing at a rate of 71.67 units per year. B) Production is increasing at a rate of 7.64 units per year. C) Production is increasing at a rate of 12.38 units per year. D) Production is increasing at a rate of 76.41 units per year. and Suppose the production of a firm is modeled by where k measures capital (in millions of dollars) and l measures the labor force (in thousands of workers) . Suppose that and the labor force is increasing at the rate of 40 and capital is growing at a rate of $900,000 per year. Determine the rate of change of production. A) Production is increasing at a rate of 71.67 units per year. B) Production is increasing at a rate of 7.64 units per year. C) Production is increasing at a rate of 12.38 units per year. D) Production is increasing at a rate of 76.41 units per year. the labor force is increasing at the rate of 40 and capital is growing at a rate of $900,000 per year. Determine the rate of change of production.


A) Production is increasing at a rate of 71.67 units per year.
B) Production is increasing at a rate of 7.64 units per year.
C) Production is increasing at a rate of 12.38 units per year.
D) Production is increasing at a rate of 76.41 units per year.

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