For an Employer,profits Are Maximized When the

Multiple Choice

For an employer,profits are maximized when the

A) price of the product exceeds the price of labor.
B) marginal product of labor is greater than its price.
C) price of labor equals the price of all other inputs.
D) value of labor's marginal product is equal to the price of the product.
E) price of labor equals the value of its marginal product.