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Author Question: The table shows the required quantities of capital and labor to produce 100 widgets at different ... (Read 91 times)

ahunt13

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on: Nov 23, 2022
The table shows the required quantities of capital and labor to produce 100 widgets at different technologies.

TechnologyCapitalLabor
A41
B13
C22

If the price of labor is $24 and the price of capital is $36. Which technology would you use? What if the price of labor quadruples?
◦ Technology A, Technology C
◦ Technology B, Technology C
◦ Technology A, Technology B
◦ Technology B, Technology A
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by ahunt13 on Nov 23, 2022

jbsuccess1

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Reply #1 on: Nov 23, 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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ahunt13

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

flexer1n1

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Reply 3 on: Yesterday
:D TYSM

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