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Question 16 (2 points) Suppose Apple's production function is given by: Y = KaNI -a thus, the marginal product of labor is: MPN = (1
Question 16 (2 points) Suppose Apple's production function is given by: Y = KaNI -a thus, the marginal product of labor is: MPN = (1 - a) KaNa N is labor inputs, K is capital and is fixed at 16, and the greek letter alpha is 0.5. The real wage is 0.2. What is the units of labour demanded by Apple? O 16 0 64 O 1 100
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