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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 20
A firm will operate at that point where ___________ is equal to one.
A) the marginal physical product of capital/price of capital
B) the MRP of capital/price of capital
C) the price of capital/marginal physical product of capital
D) the price of capital/MRP of capital
A) the marginal physical product of capital/price of capital
B) the MRP of capital/price of capital
C) the price of capital/marginal physical product of capital
D) the price of capital/MRP of capital
Explanation
Verified
Verified
Therefore, option a) is incorrect becaus...
Microeconomics 9th Edition by Stephen Slavin
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