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The Production Function Is Given by F(L)=6L2/3

question 9

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The production function is given by F(L) =6L2/3.Suppose that the cost per unit of labor is $16 and the price of output is 16, how many units of labor will the firm hire?


Definitions:

FAT16

A file system supported by DOS and all Windows versions since DOS. DOS and Windows 9x have a 2 GB limit. Newer Windows operating systems have a 4 GB FAT16 partition size limit.

FAT32

A file system format that supports smaller cluster sizes and larger disks than its predecessors, commonly used in flash drives and external storage media.

ExFAT

Extended File Allocation Table, a file system introduced by Microsoft that is optimized for flash memory like USB flash drives and SD cards, supporting larger files and volumes than FAT32.

NIC

Network Interface Card, a hardware component that allows a computer to connect to a network, including both wired (Ethernet) and wireless (WiFi) connections.

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