Determine how many workers will the mill hire

Reference no: EM13209603

The value of the marginal product of labor (VMPL=p*MPL) in the local saw mill is
VMPL = 20 - 0.5L,
where L = the number of workers. If the wage of saw mill workers is $10 per hour, then how many workers will the mill hire?

Reference no: EM13209603

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