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Please answer the question and fill out the table. A firm's output (Y) depends on how much capital (K) it has, according to the equation:

Please answer the question and fill out the table.

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A firm's output (Y) depends on how much capital (K) it has, according to the equation: Y = 25K - K2. The real interest rate is 5% per year, the depreciation rate of capital is 15% per year, the price of a unit of capital is $80, and each unit of output sells for $0.80. The real price of capital is not expected to change. Complete the Table below by calculating output and the marginal product of capital (MPK) for capital levels 1 - 6. Type your answers in the relevant cells. (Hint: For consistency's sake, do not use calculus to calculate the MPK) Marginal Product Capital Output of capita (MPK) H

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