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Author Question: If the demand for labor is unchanged, population growth will increase the supply of labor and ... (Read 79 times)

big1devin

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on: Jun 29, 2018
If the demand for labor is unchanged, population growth will increase the supply of labor and increase the equilibrium wage.
 
  Indicate whether the statement is true or false

Question 2

If the marginal product of labor is 45 units of output and the marginal product of capital is 56 units of output while the wage rate is 20 per worker and the cost of capital is 28 per machine, are these two inputs being used in the least-cost
 
  combination and what should be done if they are not?
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macagn

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Reply #1 on: Jun 29, 2018
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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big1devin

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

raili21

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Reply 3 on: Yesterday
Excellent

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