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 | Microeconomics-Telecourse Guide (2nd, 09) by Krugman, Paul - Wells, Robin [Paperback (2008)] (2nd Edition) by Elizabeth Sawyer Kelly, Robin Wells (Primary Contributor), University Paul Krugman, Paul Krugman (Primary Contributor), Paul R. Krugman Paperback, 657 Pages, Published 2008 ISBN-10: 1-4292-1756-1 / 1429217561 ISBN-13: 978-1-4292-1756-9 / 9781429217569 Paul Krugman, Elizabeth Kelly, Robin Wells. 8. a. b. The price of the variable input is $5 per unit since the variable cost equals $15 when 3 units of labor are hired. c. The price of the fixed input is $2 per unit since the fixed cost equals $10 when 5 units of capital are hired. d. The marginal | |