9 Suppose a firm is employing all its inputs so that the MRP

9. Suppose a firm is employing all its inputs so that the MRP per dollar spent on each is the same. This suggests that the: A. amount of each resource employed will depend on both its price and its productivity B. price of each input must be identical. C. firm is using the same quantity of each input. D. total expenditure on each input is identical.

Solution

Answer.) A.) Amount of each resource employed will depend on both its price and it\'s productivity.