Sppose that a firms production function is q 250l - l2
Suppose that a firm's production function is Q = 250L - L^2 , where Q represents units of output per week and L represents one worker. Output sells for $10 per unit, and the cost of a worker is $500 per week. How many workers should the firm hire?
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suppose that a firms production function is q 250l - l2 where q represents units of output per week and l represents
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