A production function shows the output or total product as more of the variable input, in our case labor is added. The function shows the regions of increasing marginal product, decreasing marginal product, and negative marginal product.
Nexstar Broadcasting Group is an American telecommunications company that is owned by the shareholders and headquartered in Irving, Texas.
WOOD-TV, virtual channel 8 (VHF digital channel 7), is an NBC-affiliated television station located in Grand Rapids, Michigan, United States. The station is owned by Nexstar Media Group as part of a duopoly with ABC affiliate WOTV (channel 41), and is also a sister station to Class A MyNetworkTV affiliate WXSP-CD (channel 15).