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Author Question: Equilibrium in the Markets for Labor and CapitalAt equilibrium, suppose the rental rate for capital ... (Read 235 times)

mimie

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on: Nov 23, 2022
Equilibrium in the Markets for Labor and Capital

At equilibrium, suppose the rental rate for capital is $90 and the rental rate for land is $295. If the marginal product of capital is $45 and the marginal product of labor is$50, what is the marginal product of land? What is the wage?
Please round your final answer to two decimal places.
◦ 147.50, $25.00
◦ 13.73, $100.00
◦ 13.73, $25.00
◦ 147.50, $100.00
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by mimie on Nov 23, 2022

annaelena92

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mimie

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

alexanderhamilton

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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