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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.
Which of the following common names of wheat is incorrectly matched with its scientific name?
Which type of lifecycle is observed in thrips?
The genes which govern cytoplasmic inheritance are called?
Which country leads in total area of cotton?
Weeding is best done during the vegetative growth of weeds:
Which state have highest percentage area of forest?
Change in the base sequence within a gene is called
Which of the following shows epigeal germination?
We can cut the DNA with the help of
Popularly known as Kisan Diwas, the National Farmers' Day is a national occasion observed on ______________ every year. National Farmer's Day is celebra...