Profit maximization implies that firms will want to ________

A) accumulate capital while the MPK is greater than the real wage
B) accumulate capital while the MPK is greater than the rental price of capital
C) accumulate labor while the MPK is greater than the rental price of capital
D) accumulate labor while the MPK is greater than the real wage
E) none of the above


B

Economics

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The alternate-section provision was designed to:

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Which of the following areas of the world experienced virtually no change in its poverty rate from 1981 to 2010?

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How can market failure occur in the market for hybrid automobiles? What could the government try to do to improve the situation?

Economics