q= K^1/3 L^1/3 w=$2, V=$16, k=27, p=$32
a)what's the firm level of labor and profit?
b)what'd you suggest for adjustment of short-run and futureamount of K and L?
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.