Just as in the theory of utility maximizing consumers， the theory of profit maximizing firms allows the possibility of "Giffen factors".These are factors for which a fall in price leads to a fall in demanD.。
Just as in the theory of utility maximizing consumers， the theory of profit maximizing firms allows the possibility of "Giffen factors".These are factors for which a fall in price leads to a fall in demanD.。
A.正确
B.错误
正确答案：错误
Tag：中级微观经济学
时间：2023-12-17 11:47:45
- 上一篇：A profit-maximizing competitive firm uses just one input， x.Its production function is q = 8x1/2.The price of output is 16 and the factor price is 8.The amount of the factor that the firm demands is：
- 下一篇：The production function is given by F（L）=6L2/3 .Suppose that the cost per unit of labor is 12 and the price of output is 6， how many units of labor will the firm hire？