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Luikennoah Luikennoah
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5 years ago
A firm that wants to maximize profits should hire each input to the point where
A) its marginal revenue product divided by the price of the input equals one.
B) its marginal revenue product divided by its marginal physical product equals the wage.
C) its marginal revenue product divided by the product price equals one.
D) its marginal physical product divided by the price of the input equals the product price.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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dedricgarddedricgard
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5 years ago
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Luikennoah Author
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#2
5 years ago
White Checkmark
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#3
5 years ago
...I assume it was right Smiling Face with Open Mouth
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