In the Long Run,a Profit-Maximizing Firm Produces Any Given Level

Multiple Choice

In the long run,a profit-maximizing firm produces any given level of output by choosing the production method that

A) maximizes the marginal product of all factors.
B) equates the marginal product of all factors.
C) equates the average cost per unit of all factors.
D) is associated with a flat total cost curve.
E) produces that output at the lowest possible cost.