Question: Q1: Let Q(L) = 6L 2 - (L 3 )/6 with costs = 300 + 100L. Let the price of output be P = $4.

Q1: Let Q(L) = 6L2 - (L3)/6 with costs = 300

Q1: Let Q(L) = 6L2 - (L3)/6 with costs = 300 + 100L. Let the price of output be P = $4.

a) Complete the table below. can be done in excel or by hand.

+ 100L. Let the price of output be P = $4. a)

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