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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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