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Author Question: Consider a firm that uses only labour and capital. At the present use of labour and capital, theMPof ... (Read 85 times)

caca31

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on: Oct 12, 2022
Consider a firm that uses only labour and capital. At the present use of labour and capital, the MP of labour is twice the MP of capital, and the price of labour is four times the price of capital. In order to minimize its costs, the firm should
◦ increase capital and decrease labour.
◦ decrease both capital and labour.
◦ maintain its present factor mix.
◦ decrease capital and increase labour.
◦ increase both labour and capital.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by caca31 on Oct 12, 2022

ahardin89

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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.
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caca31

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

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Reply 3 on: Yesterday
Wow, this really help

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