A Firm Achieves Least-Cost in Production by Substituting Factors Until

question 6

Multiple Choice

A firm achieves least-cost in production by substituting factors until their:

• A)factor prices are equal.
• B)marginal products are equal.
• C)marginal products are each equal to their factor prices.
• D)marginal products are each zero.
• E)none of the above are true.

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Definitions:

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Sexual activity involving the stimulation of the genitalia by the use of the mouth, lips, or tongue.

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