Suppose that a toxic waste spill renders half of the land in new jersey uninhabitable. assuming that land and labor are complements in the production function, what would happen to the wages earned by workers and rents earned by landowners? a. both wages and rents would decrease. b. both wages and rents would increase. c. wages would increase, and rents would decrease. d. wages would decrease, and rents would increase

Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?