EEAC7326-E0EC-4AD8-BB64-5D79D48DBE88.jpeg - Q3 ATPL TO P XML po Px Q TR TC Proff NMPLOW L TPL MPL APL o 4 Optimal 18 14-12 2 14 6 7 28 of amount of 20

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Unformatted text preview: Q3 ATPL TO P XML po Px Q TR TC Proff NMPLOW L TPL MPL APL o 4 Optimal 18 14 -12 2 14 6 7 28 of amount of 20 12 2 4 - labor 3 - 18 14 6 36 12 /24 8 - 4 # ( 4) ZO 2 5 24 ( 4 2 4) 5 21 1 4. 2 42 20 22 2 1 4 6 20 - 1 40 24 - 264 wage greater Q - prater Quantity then print P = 2 CS W 12 recieved by Employer 4 W= 4 - 4 x 40 H= 1 X physical capital O Output + 9 = f ( K L ) 4 5 Firms Maximize Profit (= WL tok M = PX X + PY Later rented rate of cupid m TC = WL + SK K IC - WL =rk A ts to toot I Shot att KiL * = to...
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