Solved

A Firm Will Hire a Unit of Input Only If

Question 76

Multiple Choice

A firm will hire a unit of input only if its


A) marginal physical product and marginal revenue product are positive.
B) marginal physical product and marginal revenue product are negative.
C) marginal physical product is positive and whose marginal revenue product is negative.
D) marginal physical product is negative and whose marginal revenue product is positive.

Correct Answer:

verifed

Verified

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

Related Questions