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Question 9 0.1 pts A monopsonist has the production function Q=4.1 and faces the following labor supply and product dem...

Question 9 0.1 pts A monopsonist has the production function Q=4.1 and faces the following labor supply and product demand eq

Question 9 0.1 pts A monopsonist has the production function Q=4.1 and faces the following labor supply and product demand equations respectively. W = 2 + 0.05L P = 10 – 0.025.Q How much labor should the firm hire in order to maximize profits if they mark their price 300% above marginal cost?
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Giveni A monopsonist hay production function, a:4.6 How much labour should the form hiore in order to masamize Profits if the= C100- 0.025a) *Q = 102 -0.005 ea? -3 MR = 1 / (TR) =10-0-05Q i foor maximum profity - MR = MC New =j 10-0.05Q = 2+0.025Q @=

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