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    Microeconomics Canada
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    Exam 17: Markets for Factors of Production
  5. Question
    If the Price of the Firm's Output Decreases,the Value of Marginal
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If the Price of the Firm's Output Decreases,the Value of Marginal

Question 43

Question 43

Multiple Choice

If the price of the firm's output decreases,the value of marginal product curve


A) remains unchanged.
B) becomes more elastic.
C) becomes more inelastic.
D) shifts leftward.
E) shifts rightward.

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