57: The creation of a unit of good Y requires the work of 3 specialists and 7 units of capital. The going pay is $4. The lease on a unit of capital is $1. What ought to be the peripheral actual result of capital all together for the creation to be completed basically cost and what is this cost if the minimal actual result of work is $2?
57: The creation of a unit of good Y requires the work of 3 specialists and 7 units of capital. The going pay is $4. The lease on a unit of capital is $1. What ought to be the peripheral actual result of capital all together for the creation to be completed basically cost and what is this cost if the minimal actual result of work is $2?
Chapter1: Making Economics Decisions
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Transcribed Image Text:57: The creation of a unit of good Y requires the work of 3 specialists
and 7 units of capital. The going pay is $4. The lease on a unit of
capital is $1. What ought to be the peripheral actual result of capital
all together for the creation to be completed basically cost and
what is this cost if the minimal actual result of work is $2?
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