claddagh62 claddagh62
  • 24-10-2022
  • Business
contestada

Consider the following production function: Q = 2K + 5L. The price of capital is €10 per unit and the price of labour is €20 per unit. The firm wants to produce 100 units of output. The number of units of labour that the firm will hire is

A.
50

B.
5

C.
25

D.
20

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