uppose a firm finds that the marginal product of capital is 60, and the marginal product of

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uppose a firm finds that the marginal product of capital is 60, and the marginal product of labor is 20. If the price of capital is $6, and the price of labor is $2.50, describe how the firm should adjust its mix of capital and labor. What will be the result?

Posted Date: Jun 13, 2024 04:05 AM

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uppose a firm finds that the marginal product of capital is 60, and the marginal product of

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