respond to changes in another? Why would a profit-maximizing firm expand the use of each input until its marginal revenue product equals the price of the input

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter8: Production And Costs
Section: Chapter Questions
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How does any one economic variable respond to changes in another?

Why would a profit-maximizing firm expand the use of each input until its marginal revenue product equals the price of the input?

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