Refer to the following:
The price of labor is $3 per unit.
-What is the price per unit of capital?
A) $1.50
B) $2.00
C) $2.10
D) $5.00
Correct Answer:
Verified
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Q2: Refer to the following figure:
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Q7: The marginal rate of technical substitution is
A)
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A producer is hiring
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