Production so that the bang for the bucks

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Reference no: EM13830680

If a producer has purchased inputs to production so that the "bang for the bucks" (marginal product per price) of input A is greater than the "bang for the bucks" of input B, then....[choose two responses]

the producer could produce more by purchasing more A and less B

the producer could produce more by purchasing more B and less A

the producer has not found an optimal composition of inputs

the producer is not using all of their budget

Reference no: EM13830680

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