Re: isi 2006 me 2 AGAIN

Posted by ritu on May 08, 2012; 11:33pm
URL: http://discussion-forum.276.s1.nabble.com/isi-2006-me-2-AGAIN-tp7540560p7541022.html

maximum labor he can employ=4
when u maximise production function.....mc=0 so u put mp=0 which gives optimal L*>4
SO HE WILL produce maximum possible output ....which is 12 in this case..(.just put l=4 in production function.)..
lets see wot our frnz say...i might be wrong..


he wont use the new technology by using above logic
(plz confirm)