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the anove firm could consider adjust the mix of labor and capital to be used according to market change if given sufficent time but it
the anove firm could consider adjust the mix of labor and capital to be used according to market change if given sufficent time but it is constrained to budget. based on the current budget and the price of labor = 18, the maximus number of labor hours he can afford to hire is 200 and the maximum number of machine hours he can afford is 120. using the data indicated above, determine the price of capital (K)
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