A Firm Will Hire a Unit of Input Only If

question 76

Multiple Choice

A firm will hire a unit of input only if its

• A)marginal physical product and marginal revenue product are positive.
• B)marginal physical product and marginal revenue product are negative.
• C)marginal physical product is positive and whose marginal revenue product is negative.
• D)marginal physical product is negative and whose marginal revenue product is positive.

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Definitions:

Indigestion

A condition characterized by symptoms such as stomach discomfort, bloating, and nausea, typically resulting from difficulty in digesting food.

Dehydration

A condition resulting from the excessive loss of water from the body, often accompanied by an imbalance in essential minerals.

Dissociative Amnesia

A disorder characterized by gaps in memory for personal history, often due to trauma or stress.

Complex Mental Processes

Intricate cognitive functions that involve higher-level thinking, such as problem solving, decision making, and planning.