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b. lGiven its budget, the company is currently using six employees and four robots; is this an ideal combination of inputs? Why or why not?

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b. lGiven its budget, the company is currently using six employees and four robots; is this an ideal combination of inputs? "Why or why not? The company Is employing L = 6 and R = 4. W = 1wage = 16 and r = cost of robot = 140 IMPLatLZ Eis 14andMPKatK= 415 210 WLJ'W = 14315 = .875 or WE Nl'Pfr 2 210.1140 2 1.5 Because MPRfr >MPLIW therefore it must employ more of Robots. Since for every dollar spent on robots will produce more output as compared to labor. Firm can employ more of R until the two rations are equal. rho eo ere

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