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Posted: **Fri Jul 01, 2022 8:12 am**

: Suppose That A Firm Is Producing In The Short Run With Output Given By Q 71l L2 The Firm Hires Labor At A Wage Of 34 P 1 (19.11 KiB) Viewed 32 times

Suppose that a firm is producing in the short run with output given by: Q-71L-L2 The firm hires labor at a wage of $34 per hour and sells the good in a competitive market at P- $25 per unit. Find the firm's optimal use of labor.