Suppose the production of two goods (books and shoes) require the use of two types of inputs (labor and capital) and the totalnumber (or endowment) of labor and capital available for the production of both goods are 10 units and 12 units, respectively. Ifthe production of books requires 6 units of labor and 2 units of capital, what labor-capital combination is available in theproduction of shoes?Andaikan pengeluaran dua barangan (buku dan kasut) memerlukan penggunaan dua jenis input (buruh dan kapital) dan jumlah bilangan(atau endowmen) buruh dan kapital yang tersedia untuk pengeluaran kedua-dua barang ialah 10 unit dan 12 unit, masing-masing. Jikapengeluaran buku memerlukan 6 unit buruh dan 2 unit kapital, apakah kombinasi buruh-kapital yang sedia ada dalam pengeluarankasut?a. 4 labor & 10 capital / 4 buruh & 10 kapitalb. 4 labor & 4 capital / 4 buruh & 4 kapitalc. 12 capital & 0 labor / 12 kapital & 0 buruhO d. 4 capital & 10 labor / 4 kapital & 10 buruh Suppose Zaharah (Z) and Quah (Q) are now at an allocation bundle where their marginal rates of substitution (MRS) are given byMRS₂ = 10 and MRSQ = 5, respectively. In general equilibrium analysis, this suggests thatAndaikan Zaharah (Z) dan Quah (Q) kini berada pada sesuatu longgok alokasi di mana kadar penggantian marginal (MRS) masing-masingadalah MRS₂ = 10 dan MRSQ = 5. Dalam analisis keseimbangan am, ini menunjukkan bahawaa. both individuals have already engaged in voluntary exchange of resourceskedua-dua individu telah pun terlibat dalam pertukaran sumber secara sukarelab. Zaharah's situation is better off than Quahsituasi Zaharah adalah lebih baik daripada Quahthere exists a basis for voluntary exchange for resources between bothterdapat asas untuk pertukaran sumber secara sukarela antara kedua-duanyad. both of them are in equilibriumC.

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Suppose the production of two goods (books and shoes) require the use of two types of inputs (labor and capital) and the total number (or endowment) of labor and capital available for the production of both goods are 10 units and 12 units, respectively. If the production of books requires 6 units of labor and 2 units of capital, what labor-capital combination is available in the production of shoes? Andaikan pengeluaran dua barangan (buku dan kasut) memerlukan penggunaan dua jenis input (buruh dan kapital) dan jumlah bilangan (atau endowmen) buruh dan kapital yang tersedia untuk pengeluaran kedua-dua barang ialah 10 unit dan 12 unit, masing-masing. Jika pengeluaran buku memerlukan 6 unit buruh dan 2 unit kapital, apakah kombinasi buruh-kapital yang sedia ada dalam pengeluaran kasut? a. 4 labor & 10 capital / 4 buruh & 10 kapital b. 4 labor & 4 capital / 4 buruh & 4 kapital O c. 12 capital & 0 labor / 12 kapital & 0 buruh d. 4 capital & 10 labor / 4 kapital & 10 buruh

Suppose the production of two goods (books and shoes) require the use of two types of inputs (labor and capital) and the total number (or endowment) of labor and capital available for the production of both goods are 10 units and 12 units, respectively. If the production of books requires 6 units of labor and 2 units of capital, what labor-capital combination is available in the production of shoes? Andaikan pengeluaran dua barangan (buku dan kasut) memerlukan penggunaan dua jenis input (buruh dan kapital) dan jumlah bilangan (atau endowmen) buruh dan kapital yang tersedia untuk pengeluaran kedua-dua barang ialah 10 unit dan 12 unit, masing-masing. Jika pengeluaran buku memerlukan 6 unit buruh dan 2 unit kapital, apakah kombinasi buruh-kapital yang sedia ada dalam pengeluaran kasut? a. 4 labor & 10 capital / 4 buruh & 10 kapital b. 4 labor & 4 capital / 4 buruh & 4 kapital O c. 12 capital & 0 labor / 12 kapital & 0 buruh d. 4 capital & 10 labor / 4 kapital & 10 buruh

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter16: Labor Markets

Section: Chapter Questions

Problem 16.10P

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