A sub-optimal employment policy is indicated if the marginal product of a costly input is: a. positive Ob. falling Oc. less than the marginal product of Y O d. zero

Exploring Economics
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ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter11: The Firm: Production And Costs
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A sub-optimal employment policy is indicated if the marginal product of a costly input is:
C a. positive
O b. falling
Oc. less than the marginal product of Y
C d. zero
Transcribed Image Text:A sub-optimal employment policy is indicated if the marginal product of a costly input is: C a. positive O b. falling Oc. less than the marginal product of Y C d. zero
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