π=TR-TC=pg-wL 元=120*8*户-602 0=480Li-60=0 L=64 9=64 π=3840. e Now suppose that the firm is required to pay a 20%tax on its profits. Find the new profit-maximizing levels ofL,q,and profit. The profit maximizing values can be found as in parts a-c above,only here profit is 80%of total revenue minus total cost. x=.8TR-TC)=.8(pq-wL) 元=.8150*8*2-75L) -60=0 L=64 9=64 π=3840.   = TR− TC = pq − wL  = 120* 8* L 1 2 − 60L  L = 480L − 1 2 − 60 = 0 L = 64 q = 64  = 3840. e. Now suppose that the firm is required to pay a 20% tax on its profits. Find the new profit-maximizing levels of L, q, and profit. The profit maximizing values can be found as in parts a-c above, only here profit is 80% of total revenue minus total cost.   = .8(TR − TC) = .8(pq − wL)  = .8(150 *8 * L 1 2 − 75L)  L = 480L − 1 2 − 60 = 0 L = 64 q = 64  = 3840