Imagine Bavis is producing economics degrees following production function q(L, K) = L0.5 10.5. In the short run, capital is fixed at K = 625. Bavis faces price p = 150 and can hire as many workers as it would like at a constant wage w = 75. Also, Bavis's fixed costs, F, are 0. A. Find equilibrium labor (L*) and wages. B. What are Bavis's profits at this equilibrium? C. Prove that this profit level is a global maximum