Question: =+c. Substitute y 5 e 21,2b2 into your first order condition and, using the quadratic formula, solve for y. Then, recognizing that y 5 e
=+c. Substitute y 5 e 21,2b2 into your first order condition and, using the quadratic formula, solve for y. Then, recognizing that y 5 e 21,2b2 implies ln y 5 21, 2 b2, solve for the two implied labor inputs and identify which is profit maximizing (assuming that an interior production plan is optimal).
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