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firm''s product sells for Rs.200 per unit in a highly competitive market. The firm produces output using capital (which it rents at Rs.7500 per hour) and labor (which is paid a wage of Rs.1500 per hour under a contract for 20 hours of labor services). Complete the following table

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9502266

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