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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.
When should the pruning of plum trees ideally be performed?
When a disease is more or less constantly prevalent in a locality year after year in a moderate to serve from, it is known as
Which order has Piercing and sucking type of mouth parts?
What is the moisture and dry matter % in the concentrate feed respectively?
Curled toe disease in poultry is caused by the deficiency of which vitamin?
Who provided the earliest demonstration of disease resistance as a character transmissible from parent to offspring in the Mendelian fashion?
What is the main purpose of secondary tillage?
Which is the following is not a Quality of “4- stroke engine”?
Which of the following family does the weed Grass belongs to?
Rabi crops are grown in ____ season.
