If a profit-maximizing firm is a price taker in the input market but not in the output market,its marginal value product of labor
A)exceeds the marginal revenue product of labor.
B)equals its marginal revenue product of labor.
C)is less than the marginal revenue product of labor.
D)equals the marginal physical product of labor.

Question

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The Answer of If a profit-maximizing firm is a price taker in the input market but not in the output market,its marginal value product of labor
A)exceeds the marginal revenue product of labor.
B)equals its marginal revenue product of labor.
C)is less than the marginal revenue product of labor.
D)equals the marginal physical product of labor.

If a Profit-Maximizing Firm Is a Price Taker in the Input