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assume a firm has the following short run production function: q ( L ) = L + 8 L 2 2 1 L 3 If
assume a firm has the following short run production function:
q(L)=L+8L221L3
If this firm is going to maximize profits in the short run by producing a strictly positive level of output (q>0), what is the lowest level of labor (L) they would employ?
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