Multiple Choice
In the arbitrage equation, a profit-maximizing firm can choose between ________ and ________.
A) investing in capital; investing in human capital
B) investing in new capital; hiring more labor
C) buying new capital; buying a new car
D) putting money in a bank; investing in new capital
E) allocating resources toward production; allocating resources toward inventory
Correct Answer:

Verified
Correct Answer:
Verified
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