1. If a firm is producing a given level of output in a technically efficient manner, then it must be the case that
A: this is the lowest cost method of producing that output.
B: each input is producing its maximum marginal product.
C: this output level is the most that can be produced with the given levels of inputs.
D: both a and c
E: all of the above
发布时间:2024-06-04 01:27:57