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If ZipCo's Marginal Revenue Product Curves Slope Downward,_____

Question 134

Multiple Choice

If ZipCo's marginal revenue product curves slope downward,_____


A) ZipCo is likely to be a price taker.
B) the price of the product equals marginal revenue.
C) the price of each resource used by ZipCo is constant.
D) the price of the product is less than marginal revenue.
E) ZipCo has some power in the product market.

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