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Suppose capital costs $280 per unit and labour costs $16 per unit. For a profit- maximizing firm operating at its optimal factor mix, if the
Suppose capital costs $280 per unit and labour costs $16 per unit. For a profit- maximizing firm operating at its optimal factor mix, if the marginal product of capital is 70, the marginal product of labour must be
Select one:
A.6.
B.16.
C.8.
D.4.
E.12.
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