Pookie's Pool Cleaning Service uses only one variable input, chlorine. Pookieʹs ________ curve for chlorine in the short run is the inputʹs marginal revenue product curve.
A) total product
B) marginal product
C) demand
D) supply

Question

Quizplus · Accepted Answer

The demand curve for an input like chlorine in the short run is represented by its marginal revenue product curve, as it shows the additional revenue generated by the last unit of the input used.

Pookie's Pool Cleaning Service Uses Only One Variable Input, Chlorine