Refer to the production function. The total product at 4 units equals
Refer to the production function. The total product at 4 units equals ________ units.
Fill in the blank(s) with correct word
ANSWER
Substituting 4 for X, we get Y= 10 (4 ) + 20 (4 )2 – (4 )3
we obtain Y = 40 + 320 – 64
= 360 – 64
= 296 units
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