If the long-run production function is q o4kl05 what is, Econometrics

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If the long-run production function is q o4kl05 what is

If the long-run production function is q = O.4KL^0.5, what is the firm's short-run production function if K = 5 units? What is the firm's output when L = 16 workers? What is the firm's marginal product of labor and average product of labor when L = 16 workers? Does this production function exhibit diminishing returns to labor?

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Econometrics: If the long-run production function is q o4kl05 what is

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Econometrics: If the long-run production function is q o4kl05 what is

Reference No:- TGS0578377

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