Question: Considering again question 1, assume now that the rm cannot sell more than 1 000 units per year and therefore reduces employment (total hours worked)

Considering again question 1, assume now that the rm cannot sell

Considering again question 1, assume now that the rm cannot sell more than 1 000 units per year and therefore reduces employment (total hours worked) when labour productivity rises. (i) Write down as a series the levels of employment in successive years; (ii) Using the appropriate formula, calculate the rm's employment level after 10 years

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