Multiple Choice
For a firm selling its product in an imperfectly competitive market, the marginal revenue product of labor can be found by
A) adding marginal product to total product as one more unit of labor is employed.
B) adding marginal revenue to total product as one more unit of labor is employed.
C) multiplying marginal product by product price.
D) multiplying marginal product by marginal revenue.
Correct Answer:

Verified
Correct Answer:
Verified
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