A Producer of Two Fixed Proportion Outputs a and B,producing

question 11

Multiple Choice

A producer of two fixed proportion outputs A and B,producing Q_A = Q_B with marginal revenues MR_A and MR_B,should equate marginal cost to:

• A) the maximum (MR_A, MR_B).
• B) the minimum (MR_A, MR_B).
• C) MR_A, which should equal MR_B.
• D) the horizontal sum of MR_A and MR_B.
• E) the vertical sum of MR_A and MR_B.

---

Definitions:

Fail

The lack of success in achieving or accomplishing a desired goal or standard.

Habit

A settled or regular tendency or practice, especially one that is hard to give up.

Harm

Physical injury or damage to someone's physical or emotional well-being, often a result of actions or events that negatively affect the individual.

Self-monitor

The act of observing and regulating one's own behavior in social situations to ensure it aligns with social norms or expectations.