If the cost of capital is $45 per hour, the wage paid to employees is $25 per hour, the marginal product of capital is 90 units per hour, and the marginal product of labor is 75 units per hour, to minimize its costs, the firm should ________.
A) decrease the amount of labor used and increase the amount of capital used
B) not change the amount of labor or capital
C) increase the amount of labor and capital used
D) increase the amount of labor used and decrease the amount of capital used
D) increase the amount of labor used and decrease the amount of capital used
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A explanation is an answer to a _________ question
a. why b. what c. how d. when
A cultural relativist would view contemporary Nacirema culture as __________
A) materialistic, aggressive, and without much worth B) just as interesting and worthy of study as any other C) more ethical than most others D) adaptively superior to any other
People perform religious rituals as a way of invoking supernatural beings to control the forces over which they have no control
a. True b. False
Anthropologists agree that the Internet and the spread of modern technology are successfully erasing all cultural differences.
Answer the following statement true (T) or false (F)