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prpnum1 prpnum1
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10 months ago

The MPP of labor divided by its (labor's) price is greater than the MPP of capital divided by its (capital's) price. Costs can be minimized by



▸

buying more capital and less labor.



▸

buying more labor and less capital.



▸

maintaining the current MPP/P ratios.



▸

buying twice as much labor as capital.



▸

none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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someonespecialsomeonespecial
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10 months ago
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prpnum1 Author
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10 months ago
This calls for a celebration Person Raising Both Hands in Celebration
momochiime
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this is exactly what I needed
Gorgio_De
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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