Question: Do in your Long-Run Costs classwork, show your work, write down if we should buy more labor or capital 1. MP of labor=15 MP of

Do in your "Long-Run Costs classwork, show your work, write down

Do in your "Long-Run Costs classwork, show your work, write down if we should buy more labor or capital 1. MP of labor=15 MP of capital=18 wage=$10 rental rate=$9 2. MP of labor=50 MP of capital=60 wage=$15 rental rate=$40 3. MP of labor=48 MP of capital=18 wage=$13 rental rate=$5

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