Business, 16.06.2021 21:10 ashleydawn6430
A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $7 per hour and capital is rented at $11 per hour. If the marginal product of labor is 65 units of output per hour and the marginal product of capital is 55 units of output per hour, should the firm increase, decrease, or leave unchanged the amount of capital used in its production process
Answers: 2
Another question on Business
Business, 22.06.2019 15:20
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
Business, 23.06.2019 02:40
James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. the negotiator has neglected to consider the course of action he will take if the proposed deal is not possible.
Answers: 3
Business, 23.06.2019 19:30
Under what circumstances might you be protected by the equal credit opportunity act?
Answers: 1
You know the right answer?
A manager hires labor and rents capital equipment in a very competitive market. Currently the wage r...
Questions
Mathematics, 22.10.2019 21:00
Biology, 22.10.2019 21:00
English, 22.10.2019 21:00
