272 Cost-Minimizing Firm Using Two Inputs, X and Y, Will $\mathrm { MP } _ { x } = \mathrm { MP } _ { y }$

question 90

Multiple Choice

272. cost-minimizing firm using two inputs, x and y, will employ inputs so that

• A) \(\mathrm { MP } _ { x } = \mathrm { MP } _ { y }\)
• B) \(P _ { x } / \mathrm { MP } _ { y } = P _ { y } / \mathrm { MP } _ { x }\)
• C) \(\mathrm { MP } _ { x } / P _ { x } = \mathrm { MP } _ { y } / P _ { y }\)
• D) \(P _ { x } = P _ { y } .\)

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Definitions:

Stock Dividend

Additional shares distributed to shareholders, proportional to their existing holdings, instead of a cash payout.

Retained Earnings

The portion of net income that is kept by the company instead of being paid out to its shareholders as dividends, contributing to the business's capital reserve for future ventures or debt payments.

Retained Earnings Appropriated

Portions of retained earnings that are set aside or reserved by a company's management for specific purposes.

Fire Loss

Financial damage or asset destruction resulting from a fire, often requiring assessment for insurance and recovery purposes.