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Original Question was Q=AL^.25*K^.25 Use the solution to the cost minimization problem to solve the profit maximization problem of this firm, assuming that the firm

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Original Question was Q=AL^.25*K^.25

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Use the solution to the cost minimization problem to solve the profit maximization problem of this firm, assuming that the firm operates in a perfectly competitive market and the market price of the output sold is labeled p. Then do the following: If A = 6, r = 4, w = 1, F = 32 and the market price is p = 8, determine this firm's demand for labor L* 72 36 48 96

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