To get the first order conditions in a profit maximization ...

[michelleunicorn]

To get the first order conditions in a profit maximization problem, we must ________.
 
  A) set the profit function equal to zero and solve for the production function
  B) set the partial derivatives of the production function equal to zero and solve for the price
  C) set the partial derivative of the profit function equal to zero and solve for the marginal products
  D) set the production function equal to zero and solve for the marginal products
  E) none of the above

Question 2

Inflation targeting involves public disclosure of each of the following, except ________.
 
  A) policy makers' plans and objectives
  B) explanation of discrepancies between target inflation and actual inflation
  C) the federal government debt ceiling
  D) projections of macroeconomic conditions

[Li Jun]

Answer to Question 1

C

Answer to Question 2

C