Suppose that the total product of labor per Hour) for a firm is given by:
TP_L = 30L - .3L²
a. Find the MP_L function.
b. How many workers should the firm employ if the wage rate is $24.00 per hour and the NMR_L is $40.00?

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The Answer of Suppose that the total product of labor per Hour) for a firm is given by: TP_L = 30L - .3L² a. Find the MP_L function. b. How many workers should the firm employ if the wage rate is $24.00 per hour and the NMR_L is $40.00?

Suppose That the Total Product of Labor Per Hour) for a Firm