2900 soon Q This rm uses only capital and labor as inputs, inputs it acquires in competitive markets. The wage rate in labor markets, w = 2G0, and the rental rate of capital r = 8i]. lCapital is fixed. 1. We can determine that Acme is employing units of capital. a] 215 b] 295 c] 335 * d] 385 til of the above are correct. 2. Acme is employing units of labor to produce 36th] units of output. a] 14G bl 12;! c] 210 d] 250 e] None of the above are correct. 3. If the marginal product of capital is 6.25 at Q = soon, we can determine that this rm, in the long run, can decrease its cost of production by using labor and capital. a] less; less b] less, more cw; less d} more; more e] None of the above: this firm is minimizing long run cost of production