Question: Firm managers should use inputs at levels where the: Multiple Choice Value marginal product of labor equals wage. Price equals marginal product. Marginal benefit equals

Firm managers should use inputs at levels where the:

Multiple Choice

  • Value marginal product of labor equals wage.

  • Price equals marginal product.

  • Marginal benefit equals marginal cost and value marginal product of labor equals wage.

  • Marginal benefit equals marginal cost.

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