Question: When producing a particular quantity of output, a cost-minimizing Apex Co faces the cost labour of $12 per hour, the cost of capital of $24

When producing a particular quantity of output, a cost-minimizing Apex Co faces the cost labour of $12 per hour, the cost of capital of $24 per hour and the marginal product of labour of 10 units of output per hour. What is the optimal marginal product of capital for Apex Co.? 7.5 units of output 28.8 units of output 5 units of output 20 units of output

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