Multiple Choice
The principle of marginal productivity
A) is the same as the principle of marginal cost.
B) helps explain the demand for each input.
C) differs from industry to industry.
D) allows the world's food to be grown in a flower pot.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: A sum of money received at a
Q48: The demand curve for a factor is
Q62: The equilibrium rent for marginal land<br>A)equals zero.<br>B)depends
Q114: Economic rent refers to profit derived from
Q115: When an economist says a change in
Q116: An outward shift in the demand curve
Q121: Why is the supply of loanable funds
Q123: The supply curve for funds<br>A)is generally positively
Q144: The rate of interest is the price
Q147: The marginal productivity principle has some relevance