Assume perfectly competitive factor and product markets. the product market demand and the supply functions are given to be p=10-0.125Q and p=0.5Q-10, respectively if the firm operating these markets has a product function of Qi=12Li-2Li^2 and the market wage rate is known to be Br.20, determine the optimal level of employment of labor for the firm . calculate the profit/loss of the firm if the fixed cost is Br.50[labor is the only variable cost]

answer; /// radio frequency identification;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.

the correct answer is:     [c]:     " cyclical unemployment " .