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Economics

A firm can choose the optimal usage of input to maximize the profit by employing the amount of input where

a. the input price equals the marginal revenue product (MRP).

b. the input price equals the marginal revenue (MR).

c. the input price equals the marginal cost (MC).

d. the input price equals the average total cost (ATC).

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91225131

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