Question: Answer this right now UISCS / ECOIN 20DY Suppose that a bottle company has the following function for production: Q = KL, where MPL =

Answer this right now UISCS / ECOIN 20DY Suppose that a

Answer this right now

UISCS / ECOIN 20DY Suppose that a bottle company has the following function for production: Q = KL, where MPL = K and MPK = L. If the price of labour (w) is $8, the price of capital (r) is $18, and the firm wants to product 100 units of bottle, then what is the optimal amount of labour?

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