The marginal product of labor is 10 and the marginal, Business Economics

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The marginal product of labor is 10 and the marginal

The marginal product of labor is 10 and the marginal product of capital is 20. If the wage rate is $10 and the price of capital is $5, is the firm using the right balance of capital and labor? Explain why or why not. If why not, which input should they use more of?

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Business Economics: The marginal product of labor is 10 and the marginal

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