Order the answer to: If the MPPL / MPPK in the production of a

Paper help business-economics Order the answer to: If the MPPL / MPPK in the production of a

business-economics

Order the answer to: If the MPPL / MPPK in the production of a

Question If the MPPL / MPPK in the production of a good is less than w/r, why is the producer not in producer equilibrium? Explain how, with no change in budget size for the firm and with the given factor price ratio, output of the firm can be increased.
Subject business-economics
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