Multiple Choice
The difference between marginal revenue product and marginal product is that
A) one is measurable whereas the other is not.
B) one looks at change in costs whereas the other looks at change in revenue.
C) one looks at change in costs whereas the other looks at change in output.
D) one looks at change in revenue whereas the other looks at change in output.
E) one is a real variable whereas the other is a nominal variable.
Correct Answer:
Verified
Correct Answer:
Verified
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