You work for a consulting firm and have been asked to review this case: A firm increases its plant size and labor employed by 50%, its output increases by 30%. What will be your advice for this firm??

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter8: Production And Costs
Section: Chapter Questions
Problem 5WNG
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You work for a consulting firm and have been asked to review this case: A firm increases its plant size and labor employed by 50%, its output increases by 30%. What will be your advice for this firm??

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