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Will give thumbs up :) Suppose Apple's production function is given by: Y = KaNla thus, the marginal product of labor is: MPN = (1
Will give thumbs up :)
Suppose Apple's production function is given by: Y = KaNla thus, the marginal product of labor is: MPN = (1 a)K\"N_\" N is labor inputs, K is capital and is fixed at 100, and the greek letter alpha is 0.5. The real wage is 5. What is the units of labour demanded by AppleStep by Step Solution
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