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    Managerial Economics Foundations
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    Exam 10: Production and Cost Estimation
  5. Question
    A Short-Run Production Function Was Estimated as at 60
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A Short-Run Production Function Was Estimated as at 60

Question 25

Question 25

Multiple Choice

A short-run production function was estimated as A short-run production function was estimated as   At 60 units of labor,what is average product? A) 9.4 B) 8.6 C) 3.7 D) 2.4 E) 6.4 At 60 units of labor,what is average product?


A) 9.4
B) 8.6
C) 3.7
D) 2.4
E) 6.4

Correct Answer:

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