Question
When w = $10 and r = $7, you are meeting your production goal of Q=12 optimally in the long run withL=120 andK=5 .If the
When w = $10 and r = $7, you are meeting your production goal of Q=12 optimally in the long run withL=120
andK=5
.If the wage rate falls to w = $9, then the cost minimizing L is now ?
1 - Less Than
2- Equal To
3- Greater Than
- 10
- 120
- 9
- 5
- 7
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Managing Human Resources
Authors: Susan E Jackson, Randall S Schuler, Steve Werner
12th Edition
0190857560, 9780190857561
