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| Teaching Since: | Jul 2017 |
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| Questions Answered: | 15833 |
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MBA,PHD, Juris Doctor
Strayer,Devery,Harvard University
Mar-1995 - Mar-2002
Manager Planning
WalMart
Mar-2001 - Feb-2009
That the perfectly competitive firm will pick a combination of inputs where the ratio of each
input’s marginal product to its price is equal follows from
a) the need to use inputs in fixed proportions.
b) the backward bending supply curve of labor.
c) cost minimization.
d) the attempt to achieve a target rate of return.
e) the interaction of demand and supply.
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