Question: Solve clearly Essay Component . 1 ) Turning to the supply side, Obtain the optimum Q and L which maximizes profit using the following :

Solve clearly

Essay Component . 1 ) Turning to the supply side, Obtain the optimum Q and L which maximizes profit using the following : production function : Q = L'/2 total Cost TC = Wl+ 1000 W= 1 , P = 100 a ) what is the optimal amount of Q and L which maximizes profit ? b) what is the optimal amount of Profits? ( ) How would you change this to obtain the supply function? CS Scanned with CamScanner

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