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Author Question: Suppose a firm employs two kinds of inputs, capital at $100 per unit, and labour at $25 per unit. If ... (Read 67 times)

yulisa3298

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on: Oct 12, 2022
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.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by yulisa3298 on Oct 12, 2022

studyforce.com

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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.
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yulisa3298

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

cpetit11

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Reply 3 on: Yesterday
Wow, this really help

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