Answered You can hire a professional tutor to get the answer.

QUESTION

mrp a = h a the Factor Employment Condition for a price-taking firm in the input market? What if the firm is not a price-taker in the product market?...

Why ismrp a =h a the Factor Employment Condition for a price-taking firm in theinput market? What if the firm is not a price-taker in the product market? Is this condition sufficient, or are there other subsidiary conditions that must be met?

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question