Applying the Least-Cost Rule to Two Factors, a Firm Will

Multiple Choice

Applying the least-cost rule to two factors, a firm will

A) maximize profits at the output at which MRP = MFC.
B) minimize costs when the MPP of factor A equals the MPP of factor B.
C) minimize costs when the MRP of factor A equals the MRP of factor B.
D) minimize costs when the MPP of factor A divided by the price of A equals the MPP of factor B divided by the price of B.