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Author Question: Firms have an incentive to substitute capital for labor as the (Read 73 times)

imanialler

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on: Apr 19, 2019

Question 1

You own a business that distributes restaurant menus to houses and apartments. You have an incentive to substitute labor for capital if the


◦ price of capital decreases.
◦ price of labor decreases.
◦ price of labor increases.
◦ marginal product of labor decreases.

Question 2

Firms have an incentive to substitute capital for labor as the


◦ price of labor decreases.
◦ price of capital increases.
◦ price of labor increases.
◦ marginal product of labor increases.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by imanialler on Apr 19, 2019

dpost18

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Reply #1 on: Apr 19, 2019
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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imanialler

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Reply 2 on: Apr 19, 2019
:D TYSM

Sarahjh

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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