Business, 25.04.2020 04:25 Emptypockets451

Suppose the wage increases to $200.00200.00 but that the firm chooses to keep using the same amount of labor and capital to produce 200 units of output. Given this new set of factor prices (w'equals=$200.00200.00, requals=$100.00100.00), how much have costs changed if the set of input choices remains at point A? $nothing. (Enter a numeric

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Suppose the wage increases to $200.00200.00 but that the firm chooses to keep using the same amount...