Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 438 Weeks Ago, 1 Day Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Economics Posted 27 May 2017 My Price 8.00

A manufacturer of toys is employing fifty workers and using fifteen pieces

A manufacturer of toys is employing fifty workers and using fifteen pieces of equipment to assemble toys. Currently, the marginal product of labor is $5 and the marginal product of capital is $25. Assuming the market prices for labor and capital are $12 and $20 respectively, answer the following:

a) Is this firm maximizing its profit?

b) What should this firm do with respect to its employees and its use of equipment?

 

Answers

Alpha Geek
(8)
Status NEW Posted 27 May 2017 06:05 PM My Price 8.00

-----------

Attachments

file 1495910649-1955312_1_636314207606826974_1955312.docx preview (2 words )
----------- ----------- -----------
Not Rated(0)