ogbobbythman2400 ogbobbythman2400

26-12-2023
Business

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A firm has a production function of , the rental rate of capital is $50, and the wage rate is $15. In the short run, labor is fixed at 80 units. The short-run marginal cost function is MC = ____.
A) $15
B) $50
C) $65
D) $50Q

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