Mathematics, 24.05.2021 16:30 34267
Given the Production Function Q = 72X + 15X 2 - X 3 , where Q =Output and X=Input (5 marks) a) What is the Marginal Product (MP) when X = 8? B) What is the Average Product (AP) when X = 6? C) At what value of X will Q be at its maximum? D) At what value of X will Diminishing Returns set in?
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Given the Production Function Q = 72X + 15X 2 - X 3 , where Q =Output and X=Input (5 marks) a) What...
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