menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Principles and Policy Study Set 1
  4. Exam
    Exam 7: Production, Inputs, and Cost: Building Blocks for Supply Analysis
  5. Question
    A Firm Uses Two Inputs, a and B
Solved

A Firm Uses Two Inputs, a and B

Question 149

Question 149

Multiple Choice

A firm uses two inputs, A and B.At its optimal choice of input proportions,


A) MRP of A = MRP of B.
B) MRPA/PA = MRPB/PB.
C) MPP of A = MPP of B.
D) All of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Product indifference curves bow inward toward the

Q31: Figure 7-12 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 7-12

Q75: Most firms have very little flexibility in

Q79: A firm's production process shows constant returns

Q88: The firm can calculate all points on

Q90: If the MRP per dollar is greater

Q126: A firm uses workers and seed to

Q145: A change in input prices has no

Q171: If MRP > P, a firm should

Q188: Table 7-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Table 7-4

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines