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They should decrease labor and increase capital, for this balance will allow them to make the most money overall. After all, the MPC/PC is greater than the MPL/PL.
Microeconomics: Principles, Problems, & Policies, 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0077660811
ISBN 13:
978-0-07766-081-9
Chapter 14 - The Demand for Resources - Review Questions - Page 328: 6
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