subject
Business, 22.12.2020 18:30 jrenwick001

A firm employs 100 workers at a wage rate of $15 per hour, and 50 units of capital at a rate of $20 per hour. The marginal product of labor is 30, and the marginal product of capital is 25. The firm Group of answer choices none of these options is correct is producing its current output level at the minimum cost. could increase its output at no extra cost by employing more capital and less labor. could reduce the cost of producing its current output level by employing more labor and less capital. could reduce the cost of producing its current output level by employing more capital and less labor.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 17:00
Jillian wants to plan her finances because she wants to create and maintain her tax and credit history. she also wants to chart out all of her financial transactions for the past federal fiscal year. what duration should jillian consider to calculate her finances? from (march or january )to (december or april)?
Answers: 1
question
Business, 22.06.2019 21:40
Inventory by three methods; cost of goods sold the units of an item available for sale during the year were as follows: jan. 1 inventory 20 units at $1,800 may 15 purchase 31 units at $1,950 aug. 7 purchase 13 units at $2,040 nov. 20 purchase 16 units at $2,100 there are 18 units of the item in the physical inventory at december 31. determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: round your final answers to the nearest dollar. cost inventory method ending inventory cost of goods sold a. first-in, first-out method $ $ b. last-in, first-out method $ $ c. weighted average cost method $ $
Answers: 3
question
Business, 22.06.2019 23:00
If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?
Answers: 2
question
Business, 23.06.2019 00:00
The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?
Answers: 1
You know the right answer?
A firm employs 100 workers at a wage rate of $15 per hour, and 50 units of capital at a rate of $20...
Questions
question
Mathematics, 13.01.2020 06:31
question
Mathematics, 13.01.2020 06:31
question
Mathematics, 13.01.2020 06:31
Questions on the website: 13722367