The Production Function Is Given by F(L)= 6L^2/3

question 6

Multiple Choice

the production function is given by F(L) = 6L^2/3.Suppose that the cost per unit of labor is $12 and the price of output is 12, how many units of labor will the firm hire?

• A)32
• B)192
• C)64
• D)128
• E)None of the above.

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Definitions:

Transmission Components

Parts that make up the transmission system, facilitating the change of gears and the distribution of power to the wheels.

Slave Valve

A valve that is operated or controlled by another mechanism or signal, often used in hydraulic or pneumatic systems to ensure coordinated movement or function.

Range Cylinder

A hydraulic or pneumatic cylinder used to change the range in certain types of machinery, such as transmissions in trucks or in heavy equipment, facilitating changes between high and low gear sets.

Gear Clash

A phenomenon that occurs when gear teeth collide due to improper engagement, often resulting in noise or damage.