Suppose that a firm is producing in the short run with output given by: Q=59L-L² The firm hires labor at a wage of $30 p

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Suppose that a firm is producing in the short run with output given by: Q=59L-L² The firm hires labor at a wage of $30 p

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Suppose That A Firm Is Producing In The Short Run With Output Given By Q 59l L The Firm Hires Labor At A Wage Of 30 P 1
Suppose That A Firm Is Producing In The Short Run With Output Given By Q 59l L The Firm Hires Labor At A Wage Of 30 P 1 (14.64 KiB) Viewed 16 times
Suppose that a firm is producing in the short run with output given by: Q=59L-L² The firm hires labor at a wage of $30 per hour and sells the good in a competitive market at P. $31 per unit. Find the firm's optimal use of labor. Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER.
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