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Your firm's production function isf(L)=4L1/2 , where L is units of labor. The marginal product of labor isMPL=2L1/2 . What is your firm's maximum profit,

Your firm's production function isf(L)=4L1/2

, where L is units of labor. The marginal product of labor isMPL=2L1/2

. What is your firm's maximum profit, if the price of a unit of output is 2, the price of a unit of labor is 2, and there are no other costs?

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