Solved: The marginal product of labor is 5 units of output per hour, Business Management

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The marginal product of labor is 5 units of output per hour

The marginal product of labor is 5 units of output per hour and the wage is $10. Capital can be rented at $8 per hours. At the optimal input combination, what is the marginal product of capital? If capital is cheaper per hour, why not only use capital?

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Business Management: The marginal product of labor is 5 units of output per hour

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