A firm achieves least cost in production by substituting factors until

A firm achieves least cost in production by substituting factors until
  • A.
    their factor prices are equal
  • B.
    their marginal-physical products are each equal to their factor prices
  • C.
    their marginal-physical products are each zero
  • D.
    the ratio of their marginal-physical products equals the ratio of their prices
Correct Answer: Option C
Explanation
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