$\begin{array} { c c c c c c }
\begin{array} { c }
\text { Units } \
\text { of } \
\text { Land }
\end{array} & \begin{array} { c }
\text { MRP } \
\text { of } \
\text { Land }
\end{array} & \begin{array} { c }
\text { Units } \
\text { of } \
\text { Capital }
\end{array} & \begin{array} { c }
\text { MRP of } \
\text { Capital }
\end{array} & \begin{array} { c }
\text { Units } \
\text { of } \
\text { Labor }
\end{array} & \begin{array} { c }
\text { MRP of } \
\text { Labor }
\end{array} \
1 & \$ 40 & 1 & \$ 29 & 1 & \$ 14 \
2 & 38 & 2 & 28 & 2 & 13 \
3 & 34 & 3 & 25 & 3 & 11 \
4 & 25 & 4 & 18 & 4 & 9 \
5 & 15 & 5 & 10 & 5 & 6 \
6 & 2 & 6 & 6 & 6 & 4 \
7 & 0 & 7 & 2 & 7 & 2 \
\end{array}\
~~~~~~~\text { Rent } = \$ 15 ~~~~~~~~~~~~~~~~~~~~ \text { Interest } = \$ 18 ~~~~~~~~~~~~~~~~~ \text { Wage rate } = \$ 4
$
-How many units of labor would you hire?

Question

$\begin{array} { c c c c c c } 
\begin{array} { c } 
\text { Units } \
\text { of } \
\text { Land }
\end{array} & \begin{array} { c } 
\text { MRP } \
\text { of } \
\text { Land }
\end{array} & \begin{array} { c } 
\text { Units } \
\text { of } \
\text { Capital }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Capital }
\end{array} & \begin{array} { c } 
\text { Units } \
\text { of } \
\text { Labor }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Labor }
\end{array} \
1 & \$ 40 & 1 & \$ 29 & 1 & \$ 14 \
2 & 38 & 2 & 28 & 2 & 13 \
3 & 34 & 3 & 25 & 3 & 11 \
4 & 25 & 4 & 18 & 4 & 9 \
5 & 15 & 5 & 10 & 5 & 6 \
6 & 2 & 6 & 6 & 6 & 4 \
7 & 0 & 7 & 2 & 7 & 2 \
\end{array}\
~~~~~~~\text { Rent } = \$ 15 ~~~~~~~~~~~~~~~~~~~~ \text { Interest } = \$ 18 ~~~~~~~~~~~~~~~~~ \text { Wage rate } = \$ 4
$
-How many units of labor would you hire?

Quizplus · Accepted Answer

The Answer of $\begin{array} { c c c c c c } 
\begin{array} { c } 
\text { Units } \
\text { of } \
\text { Land }
\end{array} & \begin{array} { c } 
\text { MRP } \
\text { of } \
\text { Land }
\end{array} & \begin{array} { c } 
\text { Units } \
\text { of } \
\text { Capital }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Capital }
\end{array} & \begin{array} { c } 
\text { Units } \
\text { of } \
\text { Labor }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Labor }
\end{array} \
1 & \$ 40 & 1 & \$ 29 & 1 & \$ 14 \
2 & 38 & 2 & 28 & 2 & 13 \
3 & 34 & 3 & 25 & 3 & 11 \
4 & 25 & 4 & 18 & 4 & 9 \
5 & 15 & 5 & 10 & 5 & 6 \
6 & 2 & 6 & 6 & 6 & 4 \
7 & 0 & 7 & 2 & 7 & 2 \
\end{array}\
~~~~~~~\text { Rent } = \$ 15 ~~~~~~~~~~~~~~~~~~~~ \text { Interest } = \$ 18 ~~~~~~~~~~~~~~~~~ \text { Wage rate } = \$ 4
$
-How many units of labor would you hire?

-How Many Units of Labor Would You Hire