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MrGrimey MrGrimey
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Posts: 336
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6 years ago
The demand for a monopoly's output is p = 100 - Q. The firm's production function is
Q = 2L. Which of the following is the firm's demand for labor?
A) w = 200 - 8L
B) w = 200 - 4L
C) w = 100 - L
D) w = 2L
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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RumkoRumko
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#1
Posts: 279
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6 years ago
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