Business, 15.11.2019 19:31 nakiyapulley7466
To maximize profits, firms produce an output where marginal product of labor per dollar equals the marginal product of capital per dollar. assume that the cost of labor is $20 an hour and its marginal product is 40. what should the marginal product of capital be if we assume the cost of capital of $40 an hour?
Answers: 2
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Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ
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Business, 22.06.2019 03:00
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Business, 22.06.2019 08:20
Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand
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To maximize profits, firms produce an output where marginal product of labor per dollar equals the m...
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