Diminishing average and marginal returns

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Reference no: EM1371997

If a production function is given through the equation Q=12X+ 10x2- x3 where X= input and Q=output then provide the calculations for

a. average product
b. marginal product
c. point of diminishing average returns
d. point of diminishing marginal returns

Note : the ten is supposed to be x-squared and the next one is supposed x cubed. I don't know how to do these symbols on my computer

Reference no: EM1371997

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