Using the table,how many units of land,labor,and capital would you hire?
$\begin{array} { c c c c c c }
\begin{array} { c }
\text { Units of } \
\text { Land }
\end{array} & \begin{array} { c }
\text { MRP of } \
\text { Land }
\end{array} & \begin{array} { c }
\text { Units of } \
\text { Capital }
\end{array} & \begin{array} { c }
\text { MRP of } \
\text { Capital }
\end{array} & \begin{array} { c }
\text { Units of } \
\text { Labor }
\end{array} & \begin{array} { c }
\text { MRP of } \
\text { Labor }
\end{array} \
1 & \$ 50 & 1 & \$ 110 & 1 & \$ 95 \
2 & 44 & 2 & 102 & 2 & 90 \
3 & 37 & 3 & 90 & 3 & 83 \
4 & 27 & 4 & 77 & 4 & 74 \
5 & 15 & 5 & 61 & 5 & 61 \
6 & 2 & 6 & 44 & 6 & 46 \
7 & -10 & 7 & 28 & 7 & 33 \
8 & -25 & 8 & 13 & 8 & 18
\end{array}$
$~~~~~~~~~~~\text { Rent }=\$ 15 \quad~~~~~~~~~~~~~~~~~~~~~~ \text { Interest }=\$ 44 \quad~~~~~~~~~~~~~~~~ \text { Wage rate }-\$ 74$

Question

Using the table,how many units of land,labor,and capital would you hire?
$\begin{array} { c c c c c c } 
\begin{array} { c } 
\text { Units of } \
\text { Land }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Land }
\end{array} & \begin{array} { c } 
\text { Units of } \
\text { Capital }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Capital }
\end{array} & \begin{array} { c } 
\text { Units of } \
\text { Labor }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Labor }
\end{array} \
1 & \$ 50 & 1 & \$ 110 & 1 & \$ 95 \
2 & 44 & 2 & 102 & 2 & 90 \
3 & 37 & 3 & 90 & 3 & 83 \
4 & 27 & 4 & 77 & 4 & 74 \
5 & 15 & 5 & 61 & 5 & 61 \
6 & 2 & 6 & 44 & 6 & 46 \
7 & -10 & 7 & 28 & 7 & 33 \
8 & -25 & 8 & 13 & 8 & 18
\end{array}$
$~~~~~~~~~~~\text { Rent }=\$ 15 \quad~~~~~~~~~~~~~~~~~~~~~~ \text { Interest }=\$ 44 \quad~~~~~~~~~~~~~~~~ \text { Wage rate }-\$ 74$

Quizplus · Accepted Answer

The Answer of Using the table,how many units of land,labor,and capital would you hire?
$\begin{array} { c c c c c c } 
\begin{array} { c } 
\text { Units of } \
\text { Land }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Land }
\end{array} & \begin{array} { c } 
\text { Units of } \
\text { Capital }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Capital }
\end{array} & \begin{array} { c } 
\text { Units of } \
\text { Labor }
\end{array} & \begin{array} { c } 
\text { MRP of } \
\text { Labor }
\end{array} \
1 & \$ 50 & 1 & \$ 110 & 1 & \$ 95 \
2 & 44 & 2 & 102 & 2 & 90 \
3 & 37 & 3 & 90 & 3 & 83 \
4 & 27 & 4 & 77 & 4 & 74 \
5 & 15 & 5 & 61 & 5 & 61 \
6 & 2 & 6 & 44 & 6 & 46 \
7 & -10 & 7 & 28 & 7 & 33 \
8 & -25 & 8 & 13 & 8 & 18
\end{array}$
$~~~~~~~~~~~\text { Rent }=\$ 15 \quad~~~~~~~~~~~~~~~~~~~~~~ \text { Interest }=\$ 44 \quad~~~~~~~~~~~~~~~~ \text { Wage rate }-\$ 74$

Using the Table,how Many Units of Land,labor,and Capital Would You