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    Macroeconomics Study Set 30
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    Exam 4: A Model of Production
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    The Solution to the Firm's Profit Maximization Is
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The Solution to the Firm's Profit Maximization Is

Question 52

Question 52

Multiple Choice

The solution to the firm's profit maximization is:


A) MPL = w
B) MPL = w and MPK = r
C) MPL < w and MPK = r
D) MPL = w and MPK = 0
E) MPL > w and MPK = r

Correct Answer:

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