A firm achieves least-cost in production by substituting factors until?
A.
their prices are equal
B.
the ratio of their marginal -physical-products equals the ratio of their prices
C.
their marginal -physical-products are each equal to their factor prices
D.
their marginal -physical-products are each equal to zero
Correct Answer: Option B
Explanation
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}