If a firm has a Cobb-Douglas production funtion of the form: Q=K0.5L0.5 And K = 1, P = $200, and W = 12.50, then: MPL =  VMPL =  Optimal L =

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Chapter1: Making Economics Decisions
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If a firm has a Cobb-Douglas production funtion of the form: Q=K0.5L0.5

And K = 1, P = $200, and W = 12.50, then:

MPL = 

VMPL = 

Optimal L = 

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