The Marginal Revenue Product of a Resource Is Best Described

Multiple Choice

The marginal revenue product of a resource is best described as the

A) selling price of the last unit of output produced.
B) increment of total cost resulting from the use of an additional unit of the resource.
C) marginal product of the resource divided by the unit price of the good produced.
D) change in total revenue resulting from employing an additional unit of the resource.