Number of Workers Output Total

When do diminishing marginal returns occur?when additional workers increase total output at a decreasing rate when some workers
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Supposed that a firm's daily output isQ = 1.5L^0.76 K^0.24 Q = Daily output L = number of workers K = number of machines used
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2. asked by Growl
3. 415 views
Number of Workers Output Total Cost ($) Total Revenue ($)1 40,000 50,000 400,000 2 48,000 100,000 480,000 3 52,000 150,000
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Number of Workers Output Total Cost ($) Total Revenue ($)1 40,000 50,000 400,000 2 48,000 100,000 480,000 3 52,000 150,000
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2. 28 views
Use the table to answer the question.Number of Workers Output Total Cost ($) Total Revenue ($) 1 40,000 50,000 400,000 2 48,000
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2. 44 views
Use the table to answer the question.Number of Workers Output Total Cost ($) Total Revenue ($) 1 40,000 50,000 400,000 2 48,000
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2. asked by Eric23
3. 229 views
Use the table to answer the question.Number of Workers Output Total Cost ($) Total Revenue ($) 1 40,000 50,000 400,000 2 48,000
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2. asked by SS
3. 42 views
Use the table to answer the question.Number of Workers Output Total Cost ($) Total Revenue ($) 1 40,000 50,000 400,000 2 48,000
1. 1 answer
2. 26 views
Use the table to answer the question.Number of Workers Output Total Cost ($) Total Revenue ($) 1 40,000 50,000 400,000 2 48,000
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2. 233 views
Number of Workers Output Total Cost Fixed Cost Variable Cost1 20 $300 $250 $50 2 35 $352 $250 $102 3 45 $406 $250 $156 4 50 $462
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2. 104 views