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

question 29

Multiple Choice

The production function is given by F(L) =6L^2/3.Suppose that the cost per unit of labor is $16 and the price of output is $12.How many units of labor will the firm hire?

• A)54
• B)13.50
• C)27
• D)81
• E)None of the above.

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Definitions:

Cathartic Use

The employment of a substance or activity that accelerates defecation, typically for therapeutic reasons.

Rectal Skin Breakdown

Damage or ulceration of the skin around the rectum, often due to prolonged pressure or moisture, leading to discomfort and risk of infection.

Fecal Incontinence

Inability to control bowel movements, leading to unintended passage of feces or stool.

Clostridium Difficile Infection

A bacterial infection causing severe diarrhea and more serious intestinal conditions, often associated with antibiotic use.