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Consider the following short-run production function (where L = variable input, Q =output): Q = 10L - 0.5L2 Suppose that

Question:

Consider the following short-run production function (where L = variable input, Q =output): Q = 10L - 0.5L2 Suppose that output can be sold for $10 per unit.

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Unknown.

While considering the following short-run production function (where L = variable input, Q =output): Q = 10L - 0.5L2 Suppose that output can be sold for $10 per unit, I have derived with the answer "I don't know." Thank you for reading

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