[Solved] If the MPK/PK Is Greater Than the MPL/PL,which of the Following

Question 95
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If the MPK/PK is greater than the MPL/PL,which of the following is correct?

A)The firm should substitute labour for capital.
B)The firm should substitute capital for labour.
C)The firm should raise the wage rate of its labour.
D)The firm should decrease its output.


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