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Cost of a unit of capital

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Suppose that a firm's production function isq=10L0.5K0.5. This means that the marginal rate of technical substitution is K/L. The cost of a unit of labour is $20 and the cost of a unit of capital is $80. The firm wants to produce 130 units of output. If capital is fixed in the short run at 5, then the firm should hire how many units of labour?

Reference no: EM131266365

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