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Suppose that it takes 5 workers and 3 tractors to harvest 2 acres of a corn field. If the firm has rented 24 tractors in the short run, the rent of each tractor is $100 and the wage of each worker is $30, find the short-run cost to harvest 10 acres of field..

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Suppose that it takes 5 workers and 3 tractors to harvest 2 acres of a corn field. If the firm has rented 24 tractors in the short run, the rent of each tractor is $100 and the wage of each worker is $30, find the short-run cost to harvest 10 acres of field.

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  • 1. Suppose that it takes 5 workers and 3 tractors to harvest 2 acres of a corn field. If the firm has rented 24 tractors in the short run, the rent of each tractor is $100 and the wage of each worker is $30, find the short-run cost to harvest 10 acres of field.