Question: Suppose that Cookie Monster's production function is given by Y =zF(K,Nd)=z KNd, with z = 16 and K = 1/16 Suppose also that w =

Suppose that Cookie Monster's production function is given by Y =zF(K,Nd)=z KNd, with z = 16 and K = 1/16 Suppose also that w = 1. Write his profit maximization problem, find optimal labor demand Nd* and compute the maximum profit .

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