Multiple Choice
To maximize its profit for a particular quantity of output,a firm should equate the
A) total amount spent on each of its inputs.
B) marginal product of each of its inputs.
C) average product of each of its inputs.
D) marginal product with the average product of each of its inputs.
E) marginal product of a dollar's worth of each input.
Correct Answer:

Verified
Correct Answer:
Verified
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