When a particular firm is fully utilizing its capital,its output is given by Y = 10 ×
.The cost of labor is $1 per unit.To maximize profit,how many units of labor should this firm use?
A)25
B)5
C)3.16
D)100
E)50

Question

When a particular firm is fully utilizing its capital,its output is given by Y = 10 × 
.The cost of labor is $1 per unit.To maximize profit,how many units of labor should this firm use?
A)25 
B)5 
C)3.16 
D)100 
E)50

Quizplus · Accepted Answer

The Answer of When a particular firm is fully utilizing its capital,its output is given by Y = 10 × 
.The cost of labor is $1 per unit.To maximize profit,how many units of labor should this firm use?
A)25 
B)5 
C)3.16 
D)100 
E)50

When a Particular Firm Is Fully Utilizing Its Capital,its Output