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D Question 16 1 pts A small firm uses capital and labour to produce bicycle frames. Capital is fixed in the short run but labour

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D Question 16 1 pts A small firm uses capital and labour to produce bicycle frames. Capital is fixed in the short run but labour is not. Employees work 10 hours per day and are paid $240 per day. With the current size of its workforce, the marginal product of labour is 2 bicycle frames per hour. Based on this information, what is your best estimate of the short-run marginal cost of producing bicycle frames? O $15 O $24 O $48 O $12 O $30

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