Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
mktrujillo mktrujillo
wrote...
Go to Answer
Posts: 151
Rep: 0 0
A year ago
Suppose capital costs $6 per unit and labour costs $3 per unit. If the marginal product of capital is 3 and the marginal product of labour is 6, the cost-minimizing firm should

▸ employ more of both capital and labour.

▸ employ less of both capital and labour.

▸ employ more capital and less labour.

▸ employ less capital and more labour.

▸ not change its current factor use.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 27 times
1 Reply
Replies
Answer verified by a subject expert
bwhurdbwhurd
wrote...
#1
Posts: 128
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

mktrujillo Author
wrote...

A year ago
Good timing, thanks!
joyceess
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
larrybrads
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1256 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 231
  
 4430
  
 195
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: How often do you eat-out per week?