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SethHuddleston SethHuddleston
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5 years ago
A firm will hire a unit of input up to the point where
A) the marginal cost of the input equals the marginal cost of output.
B) the marginal revenue product of the input is equal to the marginal factor cost of the input.
C) the price of the input is equal to the price of output.
D) the marginal physical product of the input is equal to the price of output.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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gabi0315gabi0315
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#1
5 years ago
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#2
5 years ago
Exactly what I needed for my quiz Smiling Face with Open Mouth
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