Multiple Choice
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, when the firm hires the profit-maximizing combination of resources, its economic profit will be
A) $140.
B) $222.
C) $117.
D) $82.
Correct Answer:

Verified
Correct Answer:
Verified
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