If a firm is minimizing the cost of producing its chosen level of ...

[Coya19@aol.com]

If a firm is minimizing the cost of producing its chosen level of output, the marginal product of the last dollar spent on each input should be equal.
  Indicate whether the statement is true or false

Question 2

The opportunity cost of going to movies is the price of entry into the movies.
 a. True
  b. False
  Indicate whether the statement is true or false

[debra928]

Answer to Question 1

T

Answer to Question 2

False

[Coya19@aol.com]

Thank you

[debra928]

No problemo