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2. A firm chooses to produce its product with 400 hours of labor and 500 units of capital. The wage rate is $2/hour, and the

2. A firm chooses to produce its product with 400 hours of labor and 500 units of capital. The wage rate is $2/hour, and the rental rate of capital is $3/unit. Suppose the marginal product of capital is 12. What is the marginal product of labor

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