In a Free Market, a Given Unit of an Input

question 55

Multiple Choice

In a free market, a given unit of an input will be used by the firm that

• A)earns the largest addition to total profit from the use of that unit of input.
• B)has the lowest marginal cost of producing another unit of output.
• C)sells its output for the highest price.
• D)earns the largest total profit.

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Definitions:

Non-social Environment

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Autism Spectrum Disorder

A disorder of development that involves challenges in social communication and interaction, accompanied by limited and repetitive behavioral and cognitive patterns.

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