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    Principles of Microeconomics
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    Exam 7: The Production Process: the Behavior of Profit-Maximizing Firms
  5. Question
    The Optimal Method of Production Is the One That
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The Optimal Method of Production Is the One That

Question 113

Question 113

Multiple Choice

The optimal method of production is the one that


A) maximizes output regardless of cost.
B) maximizes inputs.
C) minimizes cost.
D) minimizes the normal rate of return.

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