The Optimum Quantity of an Input Occurs When

question 243

Multiple Choice

The optimum quantity of an input occurs when

• A)diminishing returns set in.
• B)marginal revenue product equals input price.
• C)marginal physical product equals input price.
• D)marginal revenue product equals output price.

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Definitions:

With Previous

An instruction in sequencing or timing events, especially in presentations or animations, that starts an action simultaneously with the preceding action.

After Previous

A control sequence in presentations that triggers an action after the preceding animation or slide transition.

Emphasis Animation

A type of animation added to text or objects in presentations to highlight or bring attention to them.

Trigger

In database management, it refers to a procedural code that is automatically executed in response to certain events on a particular table or view.