This topic contains a solution. Click here to go to the answer

Author Question: Suppose a firm employs two kinds of inputs, capital at $100 per unit, and labour at $25 per unit. If ... (Read 38 times)

yulisa3298

  • Full Member
  • ***
  • Posts: 146
Suppose a firm employs two kinds of inputs, capital at $100 per unit, and labour at $25 per unit. If the marginal product of capital is 50, then the firm should ________ in order to minimize its production costs.
◦ employ more labour and more capital
◦ employ more capital and less labour
◦ employ more labour and less capital
◦ not change its current factor use
◦ There is insufficient information to make a recommendation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by yulisa3298 on Oct 12, 2022

studyforce.com

  • Full Member
  • ***
  • Posts: 193
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 50% of students answer this correctly




yulisa3298

  • Member
  • Posts: 146
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

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

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library