When the cost minimizing combination of inputs is being used and there is no corner solution,...

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When the cost minimizing combination of inputs is being used and there is no corner solution, A. the marginal product of each input is equal to its cost. OB. the marginal products of the inputs are equal to each other. C. the costs of the inputs are equal to each other. O D. the isoquant line is tangent to the isocost line. O E. All of the above. When the cost minimizing combination of inputs is being used and there is no corner solution, A. the marginal product of each input is equal to its cost. OB. the marginal products of the inputs are equal to each other. C. the costs of the inputs are equal to each other. O D. the isoquant line is tangent to the isocost line. O E. All of the above.

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A The marginal product of each input is equal to its cost The marginal revenue product of an input ... View the full answer