Short-run production function

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Suppose Zeta company has the following short-run production function, Q = -(1/3)L3 + 6L2 + 28L, where Q is output units per time period and L is the number of labor workers hired. Determine the boundaries of the three stages of production (i.e., Stage 1, Stage 2, and stage 3 in terms of L.

Reference no: EM132290476

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