Compute the Total Cost of the following: Formula: TC = Price of L (Labor Q) + Price of K (Capital Q) Combination Output Units of Labor (L) Labor Costs Units of Capital (K) Capital Cost Total Costs A 10,000 5,000   5,000     B 10,000 1,000   9,000       Price of Labor per unit: php 50.00 Price of Capital per unit: php 100.00

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A: Answer- the number of workers and quantity of output.

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A: Answer to the question is as follows:

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A:

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A: The following problem has been solved as follows:

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Q: Fill in the marginal product of labor in the table below. ​(Enter your responses as​ integers.)

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Q: 600                 2100                 2500                 2600…

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A: Q = (200)L + (100)K – (0.2)L2 – (0.1)K2

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A:

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A: The correct answer is given in the second step.

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A: a) Average product is the output produced per unit of labor.Formula for calculating average product:

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