a perfectly competitive firm currently produces 1,000 units of output and hires its resources in a perfectly competitive factor market. it uses both labor and capital as inputs. the price of labor is $40; the price of capital is $100. the marginal product of labor is 8 units, and the marginal product of capital is 10 units. which of the following must be true? responses IThe firm is currently maximizing its profit.The firm can produce more than 1,000 units without increasing the total cost if it uses more labor and lesscapital.The firm can produce more than 1,000 units without increasing the total cost if it uses more capital and lesslabor.The firm can reduce the cost of producing 1,000 units by using less capital and employing the same amountof labor.The firm can reduce the cost of producing 1,000 units by employing less labor and using the same amountof capital.