1. Approximately what percentage of U.5. national c. the value of the marginal product of capital. income...

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1. Approximately what percentage of U.5. national

c. the value of the marginal product of capital.

income is paid to workers rather than to owners of

d. the ratio of the marginal product of labor to the capital and land? marginal product of capital.

a. 2b percent

b. 45 percent output for $20 per cake and pays workers $10 per

c. 65 percent hour. To maximize profit, it should hire workers until

d. 85 percent the marginal product of labor is

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