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Home Q & A Board Other Fields Homework Help Business Economics
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lover567 lover567
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5 years ago
When a firm is hiring an input such that the marginal revenue product of the input is equal to the marginal factor cost of the input, the firm
A) should be expanding output.
B) is hiring too little of the input.
C) is maximizing economic profit.
D) is producing too much output.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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tjoshie77tjoshie77
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5 years ago
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lover567 Author
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#2
5 years ago
Upwards Arrow Correct again
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