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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

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Answers: 3

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