A firm produces according to the following production


a firm produces according to the following production function: Q=k^.5L^.5 where q= units of output, k= units of capital, and L= units of labor. suppose that in the short run k=100. moreover, wage of labor is w=5 and price of the product is p=10. what are the optimal units of labor?

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Econometrics: A firm produces according to the following production
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