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Home Q & A Board Other Fields Homework Help Business Economics
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Ryanteck Ryanteck
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6 years ago
A firm is currently hiring capital and labor so that MPL/PL < MPK/PK, if the firm wishes to maximize profits it should hire
A) less labor and more capital.
B) more capital and more labor.
C) more labor and less capital.
D) less labor and less capital.
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Akshtsaklani21Akshtsaklani21
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#1
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6 years ago
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Ryanteck Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
GeorgeNeist
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Yesterday
Good timing, thanks!
africa143
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2 hours ago
Thanks
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