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1. (10 pts) The market price for tomatoes is $2/pound. Lynn is too small to influence the price of tomatoes. Her tomato (short-run) production function

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1. (10 pts) The market price for tomatoes is $2/pound. Lynn is too small to influence the price of tomatoes. Her tomato (short-run) production function is given by q = LS where L measures hours of labor and q measures pounds of tomatoes. (a) (6 pts) Lynn hires labor from a competitive labor market. Find her short run demand curve for labor. (b) (4 pts) Would you expect Lynn's long-run demand for labor to be more or less elastic than her short-run demand for labor? Explain your

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