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Author Question: For a given firm, the value of the marginal product for labor is $80 and the value of the marginal ... (Read 365 times)

abcdef9106

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on: Nov 23, 2022
For a given firm, the value of the marginal product for labor is $80 and the value of the marginal product for capital is $155, while the wage is $40 and the rental price of capital is $205. How can this firm increase profits?
◦ hire more labor, use less capital
◦ hire more labor, use more capital
◦ hire less labor, use less capital
◦ hire less labor, use more capital
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by abcdef9106 on Nov 23, 2022

breounasmoot

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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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abcdef9106

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Reply 2 on: Nov 23, 2022
Excellent

nathang24

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

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