Multiple Choice
Marginal revenue product for a price taker equals
A) MP P
B) MP/MRC
C) MP MRC
D) MRC/MP
E) MP/P
Correct Answer:
Verified
Related Questions
Q42: If a firm can borrow or lend
Marginal revenue product for a price taker equals
A) MP P
B) MP/MRC
C) MP MRC
D) MRC/MP
E) MP/P
Correct Answer:
Verified
Q42: If a firm can borrow or lend