This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The following table shows the marginal products of capital (K) and labour (L) for various methods ... (Read 44 times)

shivanipalawai@gmail.com

  • Full Member
  • ***
  • Posts: 140
on: Oct 12, 2022
The following table shows the marginal products of capital (K) and labour (L) for various methods for Firm ABC to produce 1000 toys per day.

Production MethodMPKMPL
A504
B458
C4012
D3516
E3020
F2524
G2028

TABLE 8-2

Refer to Table 8-2. Suppose capital costs $80 per unit and labour costs $24 per unit. Which production method minimizes the cost of producing 1000 toys per day.
◦ method B
◦ method C
◦ method F
◦ method D
◦ method E
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by shivanipalawai@gmail.com on Oct 12, 2022

nora9826

  • Full Member
  • ***
  • Posts: 155
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.
Answer Preview
Only 29% of students answer this correctly


shivanipalawai@gmail.com

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
:D TYSM

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

The Calvin Cycle Was Determined by Isotope Labelling Methods The Calvin Cycle Was Determined by Isotope Labelling Methods
Electron microscopy of mRNA-template DNA hybrids shows that introns are spliced Electron microscopy of mRNA-template DNA hybrids shows that introns are spliced
CT scan of the head shows a massive bleed with a midline shift. CT scan of the head shows a massive bleed with a midline shift.
Effleurage to the entire back to apply oil. Stand at the side of the table near the recipient’s ... Effleurage to the entire back to apply oil. Stand at the side of the table near the recipient’s ...
Popular Methods of Conducting Social Science Research Popular Methods of Conducting Social Science Research
Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library