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Author Question: A profit-maximizing firm will hire units of an input to the point at which a. MRP > price of the ... (Read 51 times)

Mollykgkg

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  • Posts: 529
on: Jun 30, 2018
A profit-maximizing firm will hire units of an input to the point at which
 a. MRP > price of the input
  b. MRP < MRC
  c. MRP = the supply of the input
  d. MRP = MRC
  e. MRP < the supply of the input

Question 2

In order to increase society's well-being, measles vaccinations might be
 a. taxed to discourage production
  b. subsidized to encourage production
  c. taxed to encourage production
  d. subsidized to discourage production
  e. provided without government intervention


bpool94

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  • Posts: 354
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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