Question
Solution
Calculate the marginal product per unit cost for both labor and capital: MPL/w = 2/10 = 0.2 MPK/R = 5/5=1 Since MPK/R>MPL/W , the firm is getting more output per unit of cost from capital than from labor. This means the firm can lower its production costs by using more capital and less labor while maintaining the same level of output.
Lines of connecting points of equal amount of rainfall is termed as
India receives its maximum rainfall from which type of monsoon?
Application of foreign materials to clouds to induce precipitation is termed as
South West monsoon contribute about ____of total annual rainfall in India.
Which of the following instrument is used to measure the lowest temperature.
All phenomenon of weather and climate takes place in
Which one has epigeal type of seed germination?
Family of Anola is
When meteorological drought prolongs it results in to____
