Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: apadong on Jun 27, 2017



Title: If the product derived from the last dollar spent on labor is greater than the product derived from ...
Post by: apadong on Jun 27, 2017
If the product derived from the last dollar spent on labor is greater than the product derived from the last dollar spent on capital, then the firm
A) should use less labor and more capital to minimize costs.
B) should use more labor and less capital to minimize costs.
C) is minimizing costs.
D) should increase the price paid to labor and decrease the price paid to capital to minimize costs.


Title: Re: If the product derived from the last dollar spent on labor is greater than the product derived ...
Post by: DeToXiFY on Jun 27, 2017
Content hidden


Title: Re: If the product derived from the last dollar spent on labor is greater than the product derived from ...
Post by: apadong on Aug 25, 2017
Thx very much