Marginal productivity theory states that:
A) businesses demand resources based on resource supply
B) resources are used by businesses based on how much extra profit the resources provide
C) with each additional unit of output, resource costs decrease
D) the productivity of a business depends on the profits it can earn in the future
E) resource supply is based on resource demand
Correct Answer:
Verified
Q51: Q52: In a perfectly competitive resource market: Q53: The most important determinant of resource prices Q54: In a perfectly competitive resource market: Q55: Marginal resource cost can be defined as: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)marginal revenue
A)resource suppliers
A)the
