B) we obtain the profit-maximizing rule by multiplying each ratio by the product price, which is the same for each input.

C) the profit-maximizing rule is just the inverse of the cost-minimizing rule.

D) they are exactly the same.

ANSWER:

B

B) we obtain the profit-maximizing rule by multiplying each ratio by the product price, which is the same for each input.

C) the profit-maximizing rule is just the inverse of the cost-minimizing rule.

D) they are exactly the same.

ANSWER:

B