Question: A purely competitive firm has a single variable input L ( labor ) , with the wage rate W 0 per period. Its fixed inputs

A purely competitive firm has a single variable input L(labor), with the wage rate W0 per period. Its fixed inputs cost the firm a total of F dollars per period. The price of the product is P0.
(a) Write the production function, revenue function, cost function, and profit function of the firm.
A purely competitive firm has a single variable input L(labor), with

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