We appreciate your visit to For this firm there are only two inputs capital and labor Capital is fixed at two units This means that regardless of how many laborers. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
When labor is equal to two workers, the capital remains fixed at two units.
Given that capital is fixed at two units for this firm, regardless of the number of workers, we can determine that the amount of capital remains constant.
So, when labor is equal to two workers, the capital is still equal to two units.
Therefore, the answer is:
Capital is equal to two units when labor is equal to two workers.
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