Question: Answer it correctly please. I will rate accordingly with multiple votes. This is my last attempt answer only if 100% correct. Ty-ped answer please. Question

Answer it correctly please. I will rate accordingly with multiple votes. This is my last attempt answer only if 100% correct. Ty-ped answer please.

Answer it correctly please. I will rate accordingly with multiple votes. This

Question 23 The firm's production function is given by: Q ( L, K) = L1/2K 1/2 The hourly wage is $20, the rental rate of capital is $50, and price per unit of output is $100. Based on this information, what is the optimal quantity of labor that the firm should hire. O a. 125 O b. 1,250 O c. 12,500 O d. 15,625

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