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Given that you have 1000 workers what is the best

Suppose you manage a firm with two production plants. The marginal product of labor at plant 1 is MP1 = 1400 - L1 where L1 is the number of workers employed in plant.

1. The marginal product of labor at plant 2 is MP2 = 2000 - L2 where L2 is the number of workers employed in plant

2. Given that you have 1,000 workers, what is the best allocation of workers between the two plants?

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Financial Management: Given that you have 1000 workers what is the best

Reference No:- TGS01291483

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