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labor. Draw this 7. A firm purchases capital and labor in competitive markets at prices of r = 6 and w = 4, respectively
Posted: Sun Jun 05, 2022 3:53 pm
by answerhappygod
- Labor Draw This 7 A Firm Purchases Capital And Labor In Competitive Markets At Prices Of R 6 And W 4 Respectively 1 (16.62 KiB) Viewed 60 times
labor. Draw this 7. A firm purchases capital and labor in competitive markets at prices of r = 6 and w = 4, respectively. With the firm's current input mix, the marginal product of capital is 12 and the marginal product of labor is 18. Is his firm minimizing its costs? If so, you know. If not, explain what the firm ought to do. explain how BIK I with constant returns to scale. Input