Using these results, calculate the Q, AP, and MP for L = 8 workers
Question # 00140747
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Updated on: 11/26/2015 03:04 PM Due on: 12/26/2015
Use the regression results attached to answer the following two questions:
Using these results, calculate the Q, AP, and MP for L = 8 workers.
Select one:
a. Q = 2,124; AP = 237.8; MP = 139.4.b. Q = 1,957; AP = 244.7; MP = 221.5.c. Q = 1,416; AP = 234.4; MP = 313.3.d. Q = 1,532; AP = 243.6; MP = 279.4.2. At 8 workers, is SMC rising or falling, and how do you know?
Select one:
a. At 8 workers, SMC is falling since MP is falling.b. At 8 workers, SMC is rising since MP is falling.c. At 8 workers, SMC is rising since MP is rising.d. At 8 workers, SMC is falling since MP is rising.
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Solution: Using these results, calculate the Q, AP, and MP for L = 8 workers