Multiple Choice
Profit maximization implies that firms will want to ________.
A) accumulate labor while the MPL is greater than the real wage
B) accumulate capital while the MPK is greater than the rental price of capital
C) not accumulate either input without limit,because of diminishing returns to each factor
D) all of the above
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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