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Consider a firm that uses only labour and capital.At the present use of labour and capital,the MP of labour is twice the MP of capital,and the price of labour is four times the price of capital.In order to minimize its costs,the firm should
Debenture Bonds
Bonds that are unsecured and are issued only on the general credit of a corporation.
Quoted
Refers to the current price of a security, commodity, or currency that is stated in communication or trading.
Bond
A fixed income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental.
Sell
The act of giving or handing over something in exchange for money or other compensation.
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