Afirm produces its product using only labor. its production function is q = 20lminusupper l squared, where q is the number of units of output produced and l is the number of labor hours used. the firm purchases labor in a competitive labor market at the going wage rate of w = $11 per hour. the firm sells its output in a competitive market at the market price of p = $3. to maximize profit, the firm should use hours of labor and produce units of outputthe firm's profit will be $

An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?

Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u. s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a: