Solved

The Value of the Marginal Product of Any Input Is

Question 27

Multiple Choice
The value of the marginal product of any input is equal to the marginal product of that input multiplied by which of the following

The value of the marginal product of any input is equal to the marginal product of that input multiplied by which of the following


A) additional revenue
B) wage rate
C) change in total profit
D) market price of the output

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents