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prpnum1 prpnum1
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A year 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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A year ago
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prpnum1 Author
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A year ago
Just got PERFECT on my quiz
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Yesterday
this is exactly what I needed
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2 hours ago
Brilliant
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