Problem

Use increments to make the required estimate.PRODUCTION At a certain factory, the daily ou...

Use increments to make the required estimate.

PRODUCTION At a certain factory, the daily output is Q(L) = 60,000L1/3 units, where Ldenotes the size of the labor force measured in worker-hours. Currently 1,000 worker-hours of labor are used each day. Estimate the effect on output that will be produced if the labor force is cut to 940 worker-hours.

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Solutions For Problems in Chapter 2.5