a. the ratio of labor to capital equals 1.00 b. the marginal revenue product of

Question

a. the ratio of labor to capital equals 1.00 b. the marginal revenue product of labor equals themarginal revenue product of capital c. where its marginal revenue product equals itsmarginal resource cost d. the marginal product of all resources equal one 3. none a. the ratio of labor to capital equals 1.00 b. the marginal revenue product of labor equals themarginal revenue product of capital c. where its marginal revenue product equals itsmarginal resource cost d. the marginal product of all resources equal one 3. none

Explanation / Answer

c.  where its marginal revenue product equals its marginal resource cost

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