Question #2002156: Other Economics Problems


Question: #2: A perfectly competitive firm has a MPL = 22-L. If P = 5 and w = $10/hr:

(a) What is the optimal quantity of labor demanded? (4 Points)

Solution: The solution consists of 54 words (1 page)
Deliverables: Word Document

Like it? Share with your friends!

0

log in

reset password

Back to
log in
Do NOT follow this link or you will be banned from the site!