When deciding whether a person is "worth" a certain salary, economists will want to compare a person's __________ with his or her wage or salary.
A) marginal physical product
B) marginal revenue product
C) marginal factor cost
D) derived demand
Correct Answer:
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A)the supply of
Q148: Marginal productivity theory states that
A)firms in price
Q149: Which of the following statements is true?
A)The
Q150: For wage rates to be the same
Q154: Which of the following statements is false?
A)There
Q154: Factor X is used in the production
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