View the step-by-step solution to:

A firm obeys the least-cost rule by equating the ratios of marginal __________ product to the __________ price.reverse; factor b.physical; product...

A firm obeys the least-cost rule by equating the ratios of marginal __________ product to the __________ price.

a.reverse; factor

b.physical; product

c.physical; factor

d.reverse; product

Top Answer

Correct option... View the full answer

Sign up to view the full answer

Other Answers

c.physical; factor A firm obeys the least-cost... View the full answer

The answer is... View the full answer

1 comment
  • All the best.
    • prof.franclin
    • May 02, 2018 at 3:09pm

Let me explain the... View the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online