menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Principle
  4. Exam
    Exam 7: Production, Inputs, and Cost: Building Blocks for Supply Analysis
  5. Question
    A Firm Uses Two Inputs, a and B\( \mathrm{P}_{\mathrm{A}} \)
Solved

A Firm Uses Two Inputs, a and B PA \mathrm{P}_{\mathrm{A}} PA​

Question 30

Question 30

Multiple Choice

A firm uses two inputs, A and B.At its optimal choice of input proportions,


A) MRP of A = MRP of B.
B) MR PA \mathrm{P}_{\mathrm{A}} PA​ / PA \mathrm{P}_{\mathrm{A}} PA​ = MR PB \mathrm{P}_{\mathrm{B}} PB​ / PB \mathrm{P}_{\mathrm{B}} PB​ .
C) MPP of A = MPP of B.
D) All of the above are correct.

Correct Answer:

verifed

Verified

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

Related Questions

Q14: "A producer wanting to employ optimal quantity

Q37: The United Auto Workers union is largely

Q101: Figure 7-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 7-1

Q118: Figure 7-3<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 7-3 ​

Q159: Figure 7-16 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 7-16

Q168: Which of the following observations is true?<br>A)TFC

Q182: Variable costs increase when output rises.

Q184: The short run is that period during

Q192: Which of the following will not lead

Q242: Average physical product measures the output per

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