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Home Q & A Board Other Fields Homework Help Business Economics
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nakungth nakungth
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6 years ago
When we solve the firm's cost minimization problem by the method of Lagrange multipliers, the optimal value of the Lagrange multiplier equals the:
A) marginal product of labor.
B) marginal product of capital.
C) marginal cost of production.
D) cost-output elasticity.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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6 years ago
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nakungth Author
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#2
5 years ago
Thank you!
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