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Why marginal product capital is
hi
new to economics, and struggling with some of its concepts. got this posed as a homework question, and i have to admit stumped
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asked by
john
953 views
2. Suppose that the average product of labor increases as more workers are hired. Which of the following must be true?
a.
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asked by
mike
556 views
if the marginal product of capital of a firm is 120unit of output, rental price of machine is $30. and marginal product of labor
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asked by
evon
1,187 views
Suppose the nation’s capital stock is equal to 3200 in 2011 and that a rise in the marginal product of capital raises the
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asked by
robson
443 views
If the short run total product curve is a linear function of the variable input over some range of values. Describe the shape of
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asked by
Anonymous
604 views
The cost function for an enterprise has the following form:
TC = 10L + 20K The production function has the form: 4 ln L + 10 K
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asked by
mary
535 views
Law of diminishing marginal product of capital
1 answer
36 views
Why marginal product capital is down ward sloping?
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asked by
Zed smart
82 views
Use the following chart to answer question 2
Number of Workers Total Product Marginal Product 0 0 -- 1 10 10 2 10 3 28 4 34 5 5 6
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asked by
Anonymous
532 views
Use the concepts of marginal cost and marginal revenue to derive an optimal capital budget for Company X, which has identified 7
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asked by
Damian
475 views