Suppose That Capital Costs $10 Per Unit and Labour Costs

question 108

Multiple Choice

Suppose that capital costs $10 per unit and labour costs $5 per unit.For a profit-maximizing firm operating at its optimal factor mix,if the marginal product of capital is 50,the marginal product of labour must be

• A)10.
• B)20.
• C)25.
• D)50.
• E)100.

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