A firm has a production function of , the rental rate of capital is $50, and the wage rate is $15. In the short run,
Is fixed at 80 units. The short-run demand for labor is L = ____.
A) 80
B) Q/80
C) Q
D) 80Q

Question

A firm has a production function of  , the rental rate of capital is $50, and the wage rate is $15. In the short run, 
Is fixed at 80 units. The short-run demand for labor is L = ____.
A) 80 
B) Q/80 
C) Q 
D) 80Q

Quizplus · Accepted Answer

The Answer of A firm has a production function of  , the rental rate of capital is $50, and the wage rate is $15. In the short run, 
Is fixed at 80 units. The short-run demand for labor is L = ____.
A) 80 
B) Q/80 
C) Q 
D) 80Q

A Firm Has a Production Function of , the Rental