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Optimal Input Assignment | Homework For You

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December 18th, 2019

The Largo Publishing House uses 400 printers and 2 printing presses to produce books. A printer’s wage rate is $20, and the price of the printing press is $5,000. The last printer added 20 books to total output, while the last press added 1,000 books to total output. Is the publishing house making the optimal input choice? Get Economics homework help todayHomework For You

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