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Consider the following production function: . Currently the wage rate (w) is $ and the price of capital (r) is $. If the firm is using units of capital in production, how much labor should be employed to minimize costsLOADING...? Labor input nothing units. (Enter a numeric response using a real number rounded to two decimal places.)
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Consider the following production function: . Currently the wage rate (w) is $ and the price of capi...
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