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A Firm Will Hire Additional Units of Any Input Up

Question 28

Multiple Choice

A firm will hire additional units of any input up to the point where


A) the marginal productivity of the input is maximized.
B) the marginal cost of employing the input is minimized.
C) the expense of employing the last unit is equal to the revenue brought in by the last unit.
D) the revenue brought in by the input is maximized.

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