Assume:         PQ = $2.00                  PL = $2.00                               PK = $4.00     K         MPK    MP/PK            MRP/PK          L          MPL      MP/PL                   MRP/PL   1          28        7          14                    1          15        5                      10 2          24        6          12                    2          12        4                      8 3          20        5          10                    3          9          3                      6 4          12        4          8                    4          6          2                        4 5          8          2          4                      5          3          1                      2 6          4          1          2                      6          1          0.5                   1 7          2          0.5       1                      7          0.5       0.25                 0.5 8          1          0.25     0.5                      8          0.25     0.13                 0.26 9          0.5       0.125   0.25                   9          0.125   0.06                 0.12 The least cost combination of capital and labor to produce 87 units of output

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