How much labour will the firm employ

Reference no: EM133494731

Problem: Suppose that a a firm's production function of output Q is a function of only two inputs, labor (L) and capital (K) and can be written Q = 25LK. Letting the wage rate for labor be 15 and the rental rate of capital be 20, how much labour will the firm employ if it wants to produce 150 units?

Reference no: EM133494731

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