Answer
given,
firm is producing = 2,475 units
output by hiring 50 workers W = $20 per hour
25 units of capital R = $10 per hour
marginal product of labor = 40
marginal product of capital = 25
Firm is not minimizing the cost because the firm use more capital and less labor.
Answer:
option C
Explanation:
given,
diameter of circular room = 8 m
rotational velocity of the rider = 45 rev/min
=
=4.712 rad/s
here in this case normal force is equal to centripetal force
N = m r ω²
N = m x 4 x 4.712²
N = 88.83m
frictional force = μ N
= 88.83m x μ
now, for the body to not to slide
gravity force is equal to frictional force
m g = 88.83 m x μ
g = 88.83 x μ
9.8 = 88.83 x μ
μ = 0.11
hence, the correct answer is option C