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A firm uses two inputs, A and B. At its optimal choice of input proportions, a.MPP of A = MPP of B. b.MRP of A
A firm uses two inputs, A and B. At its optimal choice of input proportions,
a.MPP of A = MPP of B.
b.MRP of A = MRP of B.
c.MRPA/PA= MRPB/PB.
d.All of the responses are correct.
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Introduction to Behavioral Economics
Authors: David R. Just
1st edition
0470596228, 978-0470596227
