If psxd is the total value of the production when there are x workers in a plant, then

Chapter 3, Problem 33

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If psxd is the total value of the production when there are x workers in a plant, then the average productivity of the workforce at the plant is Asxd psxd x (a) Find A9sxd. Why does the company want to hire more workers if A9sxd . 0? (b) Show that A9sxd . 0 if p9sxd is greater than the average productivity

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