What is profixt maximizing level of output and labor

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As a manager of Kennametal your tool division has the following production function Q= 10K^(1/2)L^(1/2) where K is capital and L is labor. Right now you are faced with a fixed amount of 9 units of capital and cannot change this. If labor is paid $100 and your average tool price is $250 what is profixt maximizing level of output and labor? What is your maximum profit?

Reference no: EM13145484

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