Dxaddy3940 Dxaddy3940
  • 16-01-2024
  • Business
contestada

If this firm is cost minimizing, how much labor must it choose to employ for every single unit of capital it employs?

a) Depends on market demand.
b) Equal to the marginal cost of capital.
c) Irrelevant to cost minimization.
d) As much as the firm can afford.

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