CleanIt uses capital in the form of trucks, which it rents for $10,000 each. The marginal product

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CleanIt uses capital in the form of trucks, which it rents for $10,000 each. The marginal product of the last truck used is 100,000 units. If CleanIt is minimizing its costs and the marginal product of the last worker hired is 500 units, calculate the wage. Show your work.

Posted Date: Jun 25, 2024 10:03 AM

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CleanIt uses capital in the form of trucks, which it rents for $10,000 each. The marginal product

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