Discuss what you do in short term to improve firms condition


Problem

Assume that a firm's analysis of its balance condition shows the following: PL = $10, PK= $100, MPL = 30, and MPK = 290. As a decision maker in this firm, what would you do in the short term to improve the firm's condition and how might you do it? Be sure to include the equation for the balance condition in your response.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Discuss what you do in short term to improve firms condition
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