# Recently Submitted Homework Problems: microeconomics

1924. Suppose a firm can choose whatever combination of labor and capital it wants to produce 600 units. Suppose the price of capital is $1,000 and wages are $400. What combinations of K and L will the firm use?(Answered)1924. Suppose a firm can choose whatever combination of labor and capital it wants to produce 600 units. Suppose the price of capital is $1,000 and wages are $400. What combinations of K and L will the firm use?(Answered)