Question: 2 5 . In the long - run, the marginal product of labor is 2 0 and the marginal product of capital is 1 2
In the longrun, the marginal product of labor is and the marginal product of capital is f the vage rate is $ and the price of capital is $ then in order to minimize costs the firm should
use same labor but more capital
use more labor and less capital
use more capital and less labor
none of the above.
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