Business, 17.06.2020 20:57 powellalyvia

Suppose there are two inputs (Labor; Capital). If the MRTSL, K = 5 and the relative price ratio is 6, then: a. the firm should usesm ore labor and less capital
b. the firm should uses less labor and more capital
c. the firm should uses more labor and more capital
d. the firm should uses less labor and less capital

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Suppose there are two inputs (Labor; Capital). If the MRTSL, K = 5 and the relative price ratio is 6...