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The production function for our production

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Reference no: EM13800852

1. The production function for Our Production is Q = 25L - 0.05L2; where Q is output and Lman-hours.

a) What level of man-hours will maximize total output?

b) Calculate the marginal product for the following levels of man-hours: 50, 100, 150; 200; 250 and 300. Comment on the results.

Reference no: EM13800852

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