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am7272

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Question 1

The figure presents Total Product (units of output per day) as a function of Labour (workers per day) hired.



FIGURE 7-2

Refer to Figure 7-2. The most efficient way to produce 120 units of output is to hire


◦ 2 workers.
◦ 3 workers.
◦ 4 workers.
◦ 5 workers.
◦ 6 workers.

Question 2

The figure presents Total Product (units of output per day) as a function of Labour (workers per day) hired.



FIGURE 7-2

Refer to Figure 7-2. The most efficient way to produce 144 units of output is to hire


◦ 2 workers.
◦ 3 workers.
◦ 4 workers.
◦ 5 workers.
◦ 6 workers.


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Marked as best answer by am7272 on Oct 12, 2022

Jim457

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am7272

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Reply 2 on: Oct 12, 2022
Excellent


Laurenleakan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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