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using the optimum combination of inputs rule, find the price of labor given the following: a firm uses labor and capital to produce output. The
using the optimum combination of inputs rule, find the price of labor given the following: a firm uses labor and capital to produce output. The marginal product of the last unit of labor hired is 20 units of output, and the marginal product of the last unit of capital employed is 30 units. price of capital is 6
a. 120
b. 4
c. 60
d. 180
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