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 $5 and $8 respectively, what is the profit-maximizing combination of resources?
A) 7 of a and 7 of b
B) 6 of a and 4 of b
C) 4 of a and 4 of b
D) 5 of a and 7 of b
Correct Answer:

Verified
Correct Answer:
Verified
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