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September 16, 2014

Homework Help: economics

Posted by robbie on Saturday, November 6, 2010 at 5:27pm.

You are planning to estimate a short- run production function for your firm, and you have collected the following data on labor usage (L) and output (Q):
Labor usage Output
3 1
7 2
9 3
11 5
17 8
17 10
20 15
24 18
26 22
28 21
30 23

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