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    Managerial Economics Study Set 12
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    Exam 7: Production Analysis and Compensation Policy
  5. Question
    An Irrational Employment Policy Is Indicated If the Marginal Product
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An Irrational Employment Policy Is Indicated If the Marginal Product

Question 2

Question 2

Multiple Choice

An irrational employment policy is indicated if the marginal product of a costly input is:


A) positive.
B) zero.
C) less than the marginal product of Y.
D) falling.

Correct Answer:

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