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The Profit-Maximizing and the Least-Cost Combination of Inputs Are

Question 88

Multiple Choice

The profit-maximizing and the least-cost combination of inputs are:


A) the result of unrelated decisions.
B) always identical.
C) such that the minimization of costs always results in profit maximization.
D) such that the maximization of profits always entails the least-cost combination of inputs.

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