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(Solved): If labor is the only variable input and L_(1) is the quantity of labor employed to produce Q_(1) uni ...
If labor is the only variable input and
L_(1)is the quantity of labor employed to produce
Q_(1)units of output, then if the wage per un cost (VC) is given by
VC_(Q1)=(L.1)/(w)
VC_(01)=w+L_(1)
VC_(Q1)=w\times L_(1)