Writing 5_Week 4 - 5 6 120 20 Answer The diminishing...

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Writing 5 Week 4 Problem 23 – 4 Input Labor Total Output Average Physical Product Marginal Physical Product 0 0 0 25 1 25 25 35 2 60 30 25 3 85 28.3 20 4 105 26.25 10 5 115 23
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Unformatted text preview: 5 6 120 20 Answer: The diminishing marginal return set in when the total workers per week is 3 and the marginal physical product begins to decrease....
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This note was uploaded on 02/28/2012 for the course ECON EC311 taught by Professor Zahid during the Spring '12 term at ITT Tech San Dimas.

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