Suppose the firm currently employs 500 workers and 100 units of capital and that the following relationship holds: mpl/w= 12/3=4 and mpk/c= 15/3=5. mpl and mpk are the marginal products of labor and capital, respectively. w is wage and c is the per unit cost of capital. prove that the firm is not at an equilibrium mix of labor and capital by clearly explaining how there is an opportunity to produce more of the good it is producing now at the same cost.

Personal financial planning is the process of creating and achieving financial goals? true or false

If you miss two payments on a credit card what is generally the penalty

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y