Afirm has production function q=10"(l^0.5)*(k^0.5), where "l"0.5" means "l raised to the 0.5 power," and the same applies to the k term. (the reason for this is that canvas doesn't understand the usual way of writing a power function.) in the short term, capital k is fixed at 9. 2(a) what is the multiplicative constant term in the firm's short run inverse demand for labor? question 6 1 pts 2(b) what is the multiplicative constant term in the firm's short run direct demand for labor? question 7 1 pts 2(c) what is the multiplicative constant term in the firm's long run inverse demand for labor?
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Afirm has production function q=10"(l^0.5)*(k^0.5), where "l"0.5" means "l raised to the 0.5 power,"...
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