This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A cost-minimizing firm will increase its use of labour and decrease its use of capital when the (Read 33 times)

JimmyJoe

  • Full Member
  • ***
  • Posts: 139
on: Oct 12, 2022
A cost-minimizing firm will increase its use of labour and decrease its use of capital when the
◦ total product of capital is higher than the total product of labour.
◦ average product of capital is higher than the average product of labour.
◦ marginal product of capital is higher than the marginal product of labour.
◦ marginal product of capital, per dollar spent on capital, is less than the marginal product of labour, per dollar spent on labour.
◦ marginal product of capital, per dollar spent on capital, is greater than the marginal product of labour, per dollar spent on labour.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by JimmyJoe on Oct 12, 2022

RodrickHac

  • Full Member
  • ***
  • Posts: 174
    • anestencream.com
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


JimmyJoe

  • Member
  • Posts: 139
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
Regular staff meetings increase the efficiency of the medical office staff. Regular staff meetings increase the efficiency of the medical office staff.
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
Natural Capital versus GDP per Capita Natural Capital versus GDP per Capita
Video: Mechanism of enzyme action

For a complete list of videos, visit our video library