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Whenever a Firm Uses Input X but Not Input Y,then

Question 34

Multiple Choice

Whenever a firm uses input X but not input Y,then


A) MRTSXY >= PX/PY at the chosen input combination
B) MRTSXY <= PX/PY at the chosen input combination
C) MRTSXY = PX/PY at the chosen input combination
D) MRTSXY = -PX/PY at the input combination

Correct Answer:

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