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tbparker tbparker
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A year ago
Suppose capital costs $10 per unit and labour costs $5 per unit. For a profit-maximizing firm operating at its optimal factor mix, if the marginal product of capital is 50, the marginal product of labour must be

▸ 20.

▸ 100.

▸ 50.

▸ 25.

▸ 10.
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Microeconomics

Microeconomics


Edition: 17th
Author:
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p071304p071304
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A year ago
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tbparker Author
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A year ago
this is exactly what I needed
KaylenePig
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Yesterday
Good timing, thanks!
foxrcng11
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2 hours ago
Brilliant ツ
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