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Costa Costa
wrote...
Posts: 1009
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6 years ago
If the last dollar spent on capital causes output to increase by a lesser amount than the increase in output resulting from an extra dollar spent on labour, then the firm would benefit by purchasing more labour and less capital.

True or False?
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
Read 54 times
1 Reply

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Replies
wrote...
6 years ago
TRUE
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