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.
There are six persons viz. W, X, Y, Z, A and B; all are of different heights but not necessarily in the same order. X’s height is 180 cm and he is tal...
Five salesmen A, B, C, D and E are sitting in a meeting around a circular table. A is to the immediate left of E. C is to the immediate left of B. D is ...
In a certain code language, 'FUTURE' is coded as ‘91’ and ‘MONEY’ is coded as ‘72’. How will 'SECURE' be coded in that language?
...Six people, Karan, Dilip, Rahul, Prabhat, Alok and Sandeep are sitting in a straight line, facing north. Karan sits 2nd from the left end. Dilip sits 3r...
Four figures have been given, out of which three are alike in some manner and one is different. Select the one that is different.
A series is given with one term wrong. Select that wrong term from the given alternatives.
PNM, RQQ, TTU, VWZ, XZC
Statement: India has invited Hi-Tech Technology for participation in the 5G test.
Select the correct statement from the given statements
a...
Select the option that represents the correct order of the given words as they would appear in an English dictionary.
1. Fontina
2. Fondue...
Statements: Some lipsticks are foundation. All foundation is brown. Some brown are highlighters.
Conclusion I: Some lipsticks are brown.
...Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
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