Question: Use the information in the table above. Capital is fixed at 4 units. The price of output = $2/unit. The price of Capital = $400
Use the information in the table above. Capital is fixed at 4 units. The price of output = $2/unit. The price of Capital = $400 if the price of Labor decrease from $400 to $300, the demand for labor will Group of answer choices decrease from 4 workers to 3 workers increase from 2 workers to 3 workers decrease from 3 workers to 2 workers increase from 3 workers to 4 workers
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