Question: can you help with both but if you do one that is understandable too True/False and explain. No marks without an explanation. Each question is

can you help with both but if you do one that is understandable too

can you help with both but if you do one that is

True/False and explain. No marks without an explanation. Each question is worth 4 marks. I. At the current levels of employment of factors of K and L, MPK = 600 and MPL = 150. Given that the price of K is $40 and the price of L is $20, the firm should use more capital even though capital is more expensive. K L True or false 2. If an American and Canadian firm use the same technology to produce 10 cars but the Canadian firm uses a higher capital to labour ratio, capital must be more expensive in the US. K 10 cars True or false

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