Business
Business, 15.07.2020 03:01, sarahc63

The table shows the units of factors of production that a firm needs to employ for two different levels of output
Complete the tables by calculating the percentage change in input and output
Firm A
Land %change Labour %change Capital change Output %change
100
8
EN
6
200
6
12
9
Firm B
Land
Output %change
Capital %change
Labour
%change
%change
10000
400
800
500
15000
800
1600
1000
Describe the relation between the rate of change in inputs and output in all the two tables for the
two firms

answer
Answers: 3

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