Suppose that a firm is producing in the short run with output given by: Q =...

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Suppose that a firm is producing in the short run with output given by: Q = 75L-L2 The firm hires laborat a wage of $32 per h

business economics

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Answer 1

Answer #1

Total revenue - TR = P Q = 24675L - L²) TR = 1800 L - 2422 MR - ACTR) = 1800 – 48L = 0 dr L- 37.5

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Answer 2

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