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Your company utilizes both employees (L) and specialized robots (R) in its production process. The hourly wage of employees is $25, and the hourly cost

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Your company utilizes both employees (L) and specialized robots (R) in its production process. The hourly wage of employees is $25, and the hourly cost of operating a robot is $175. The table below describes how the number of each type of input affects output o product (in a marginal way) Number of employees (L) Marpinal product of labor (MPt) Number of robots (R) Marginal product of robots (M MR) When it started out, the company used three employees and five robots; is this an ideal combination of inputs? Why or why not? Select one: a. No; at this combination, the marginal product per dollar spent on L is higher than the marginal product per dollar spent on R, so the company would prefer to use either more L and/or less R. b. No; since they have a higher hourly cost, robots produce output that is of higher quality than the output produced by employees. The company would prefer to use both fewer employees and just one robot. c. Yes; the company prefers to use as many robots as possible while also using at least some labor. This combination allows it to maximize its total output regardless of cost. d. No; the higher productivity of robots (evidenced by its marginal product) would cause the company to prefer only one employee and seven robots. Considering the price of each input confirms this preference

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