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Your company utilizes both employees (L) and specialized robots (R) in its production process. The hourly wage of employees is $18, and the hourly cost
Your company utilizes both employees (L) and specialized robots (R) in its production process. The hourly wage of employees is $18, and the hourly cost of operating a robot is $220. The table below describes how the number of each type of input affects output or product (in a marginal way).
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