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For every one machine a rm employs, it must employ exactly two workers. There is no possibility for substitutions among inputs. Consider the following two
For every one machine a rm employs, it must employ exactly two workers. There is no possibility for substitutions among inputs. Consider the following two statements: Statement 2: The firm's output will be the same if it employs 4 machines and 10 workers or it employs 5 machines and 1|] workers Statement 1: The firm's output will be the same if it employs 4 machines and 6 workers or it employs 3 machines and 8 workers Based on the information above, statement 1 is __ and statement 2 is .1:- true; true .1:- true; false -:j_j:. false; false .3. false; true
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