Suppose that the marginal revenue product function for the firm is MRPL = 40 - .75L. Assume that the firm hires labor in a competitive labor market at a wage of W = $10 per hour. Explain why employment of L = 20 is not profit maximizing (show exactly how profit could be increased). What is the profit maximizing level of employment for this firm?

If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.

Need today! will get brainliest for right answer! compare and contrast absolute advantage and comparative advantage.

Which statement is not true about a peptide bond? which statement is not true about a peptide bond? the peptide bond has partial double-bond character. the carbonyl oxygen and the amide hydrogen are most often in a trans configuration with respect to one another. rotation is restricted about the peptide bond. the peptide bond is longer than the typical carbon-nitrogen bond.