menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Principles and Policy Study Set 2
  4. Exam
    Exam 7: Production, Inputs, and Cost: Building Blocks for Supply Analysis
  5. Question
    Which of the Following Is the Correct Statement of the Marginal
Solved

Which of the Following Is the Correct Statement of the Marginal

Question 60

Question 60

Multiple Choice

Which of the following is the correct statement of the marginal rule for optimal input proportions? The input proportion is optimal when


A) P A = P B .
B) MPP A = MPP B .
C) P A × MPP A = P B × MPP B .
D) P A \P B = MPP A \MPP B .

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: Variable cost changes as the time period

Q26: The major incentive for cost minimization is

Q55: Table 7-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9061/.jpg" alt="Table 7-5

Q58: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9061/.jpg" alt=" In Table 7-1,

Q59: Explain why the average cost curve for

Q87: An airline industry study recently reported, "Evidence

Q111: If production indifference curves cross, this indicates

Q130: Explain why the long-run average cost is

Q141: Marginal revenue product equals the marginal physical

Q229: If a firm's marginal physical product is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines