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Business, 24.10.2019 02:30 brutcherk

Which of the following identifies the optimal usage of inputs by a profit-maximizing firm?

marginal product of labor/price of labor = marginal product of capital/price of capital
marginal revenue product of labor = marginal revenue product of capital
marginal cost of labor = marginal cost of capital
marginal product of labor/marginal product of capital = price of capital/price of labor
marginal product of labor = marginal product of capital = 0

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Which of the following identifies the optimal usage of inputs by a profit-maximizing firm?
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