Multiple resources and how much to use them Suppose that you own a restaurant and you have to choose how many experienced and novice chefs to hire for the kitchen. An experienced chef can cook 22 meals per hour, while a novice chef can cook only 11 meals per hour. Experienced chefs cost $32 per hour. True or False: If unskilled chefs cost $13 per hour, you are indifferent between hiring skilled and unskilled chefs.

As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.