Question: A firm's production function is given by Q = 1L + 3K. If the firm's level of K is fixed at K = 12 in
A firm's production function is given by Q = 1L + 3K. If the firm's level of K is fixed at K = 12 in the short run, how much labor does the firm require to produce Q = 108 units of output? Round your answer to one decimal place.
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