If a Firm Is Hiring Variable Resources D and F

question 84

Multiple Choice

If a firm is hiring variable resources D and F in perfectly competitive input markets,it will minimize the cost of producing any level of output by employing D and F in such amounts that:

• A) the price of each input equals its MP.
• B) MP_D = MP_F.
• C) MP_D/P_D = MP_F/P_F.
• D) MP_D/P_F = MP_F/P_D.

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