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In the short run, how are marginal cost and the marginal product of inputs related? MC=wMPL MC=wMPL MPL=wMC MC=rMPK MC=rMPK MPK=rMC

In the short run, how are marginal cost and the marginal product of inputs related?

MC=wMPL

MC=wMPL

MPL=wMC

MC=rMPK

MC=rMPK

MPK=rMC

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