The Cost-Minimizing Equilibrium Condition Can Be Written as

question 70

Multiple Choice

The cost-minimizing equilibrium condition can be written as

• A) MP_L = MP_K.
• B) P_L = P_K.
• C) (MP_L)(P_L) = (MP_K)(P_K).
• D) MP_L/P_L = MP_K/P_K.

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