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need help. FIVNICIII VJ-VL A firm's product sells for $4 per unit in a highly competitive market. The firm produces output using capital (which it

need help.

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FIVNICIII VJ-VL A firm's product sells for $4 per unit in a highly competitive market. The firm produces output using capital (which it rents at $25 per hour) and labor (which is paid a wage of $30 per hour under a contract for 20 hours of labor services). Complete the following table and use that information to answer the questions that follow. Instruction: Enter your responses for Average Product of Capital (APK) and Average Product of Labor (AP ) rounded to two decimal places. All other responses should be entered as whole numbers. If you are entering a negative number, use a negative sign (-) where appropriate. N in CD Marginal Value Marginal Product of Average Product Average Product Product of Capital Labor Output Capital, MPK of Capital, APK of Labor, APL Capital, VMPK 20 150 300 Prev 1 of 6 Next

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