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    Economics
  4. Exam
    Exam 27: Factor Markets: With Emphasis on the Labor Market
  5. Question
    To Minimize Cost,a Firm Should Hire Two Factors,X and Y,until
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To Minimize Cost,a Firm Should Hire Two Factors,X and Y,until

Question 82

Question 82

Multiple Choice

To minimize cost,a firm should hire two factors,X and Y,until


A) MPPX/PX = MPPY/PY.
B) MPPX = MPPY.
C) MPPX x PX = MPPY x PY.
D) MRPX/PX = MRPY/PY.
E) MRPX x PX = MRPY x PY.

Correct Answer:

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