The amount of capital is 17.
The TP function is
The capital cost is $151 per unit.
The wage rate is $105 per unit.
What is the marginal cost with 8 worker(s) (to two decimal places)?© BrainMass Inc. brainmass.com October 10, 2019, 6:12 am ad1c9bdddf
Differentiate with respect to L, we ...
Solution depicts the steps to estimate the marginal cost in the given case.