An irrational employment policy is indicated if the marginal product of a costly input is:
A)positive.
B)zero.
C)less than the marginal product of Y.
D)falling.

Name: An irrational employment policy is indicated if the marginal product of a costly input is: A)positive. B)zero. C)less than the marginal product of Y. D)falling.
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Question

Quizplus · Accepted Answer

An irrational employment policy is indicated if the marginal product of a costly input is zero because it means the input is not contributing to output, yet incurs cost.

An Irrational Employment Policy Is Indicated If the Marginal Product