Solved

Marginal Revenue Product Is

Question 163

Multiple Choice

Marginal revenue product is


A) the additional cost of employing a factor.
B) the additional revenue generated by employing an additional factor unit.
C) marginal revenue multiplied by price of the factor unit.
D) price of the good that is sold multiplied by unit cost.
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions