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Calculate the marginal product per unit cost for both labor and capital: MPL/w = 2/10 = 0.2 MPK/R = 5/5=1 Since MPK/R>MPL/W , the firm is getting more output per unit of cost from capital than from labor. This means the firm can lower its production costs by using more capital and less labor while maintaining the same level of output.
The technological function of calcium propionate in bread is as a/an:
Which of the following is not matched correctly?
Application of heat to chick during their early part of life
Paddy and straw are an example of
Which of the following technique is used to reduce soil erosion, evaporation, kinetic energy impact of rain drops?
Which of the following chemical is used in polyploidy?
Photoperiodism is a
Setting a price below that of the competition is called
NDDB was established with the objective of taking up the activity of
_____ is the physiological disorder of strawberry due to lack of fruit colour during ripening in which fruit remian irregular pink or even totally whit...
