The marginal product of labor in the production of computer chips is 3030 chips per hour. The marginal rate of technical substitution (MRTS ) of hours of labor for hours of machine capital is 0.200.20. What is the marginal product of capital?
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Home » Business » The marginal product of labor in the production of computer chips is 3030 chips per hour. The marginal rate of technical substitution (MRTS ) of hours of labor for hours of machine capital is 0.200.20. What is the marginal product of capital?