Multiple Choice
If MPPX/PX > MPPY/PY, the firm should buy
A) more of factor X and less of factor Y.
B) less of factor X and more of factor Y.
C) more of factor Y and the same amount of factor X.
D) less of factor X and factor Y.
E) more of factor X and factor Y.
Correct Answer:
Verified
Related Questions
Q113: The factor demand curve shifts leftward as
Q114: Exhibit 26-5 Q115: The elasticity of demand for a factor Q116: A product price searcher (monopolist, oligopolist, or Q117: If MPPX/PX > MPPY/PY, the firm should
![]()