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The Marginal Revenue Product of Land Indicates _____

Question 137

Multiple Choice

The marginal revenue product of land indicates _____


A) the additional fixed cost generated by an additional square yard of land, other things constant.
B) the additional cost to the firm when it employs an additional square yard of land, other things constant.
C) the additional profit the firm earns when it employs an additional square yard of land, other things constant.
D) the additional revenue the firm earns when it employs an additional square yard of land, other things constant.
E) the amount of land required to produce an additional unit of output, other things constant.

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