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    Microeconomics Theory with Applications
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    Exam 19: The Theory of the Firm
  5. Question
    At the Equilibrium of the One- Person Firm, the MRS
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At the Equilibrium of the One- Person Firm, the MRS

Question 29

Question 29

Multiple Choice

At the equilibrium of the one- person firm, the MRS of income for effort is:


A) zero.
B) not defined.
C) one.
D) infinity.

Correct Answer:

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