Assume that a manufacturer has productivity function P(l, c) where l and c are the amounts of labor and capital utilized. Which of the following indicates that a slight increase in the amount of labor utilized will result in an increase in productivity of 3 units.
A. P(10, 75) = 3
B. P(1, 75) = 3
C. (100, 75) = 3
D. (100, 75) = 3
E. none of these
Answer: C
Mathematics
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