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The Table Gives Marginal Product Data for Resources a and B

Question 248

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The table gives marginal product data for resources a and b. The output of these independent resources sells in a purely competitive market at $1 per unit. Assuming the prices of resources a and b are $10 and $20 respectively, what is the profit-maximizing combination of resources? A) 6 of a and 3 of b B) 3 of a and 6 of b C) 5 of a and 4 of b D) 4 of a and 5 of b The table gives marginal product data for resources a and b. The output of these independent resources sells in a purely competitive market at $1 per unit. Assuming the prices of resources a and b are $10 and $20 respectively, what is the profit-maximizing combination of resources?


A) 6 of a and 3 of b
B) 3 of a and 6 of b
C) 5 of a and 4 of b
D) 4 of a and 5 of b

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