menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 2
  4. Exam
    Exam 26: Demand in the Factor Market
  5. Question
    The Firm Will Rent More and More Land Until the Rent
Solved

The Firm Will Rent More and More Land Until the Rent

Question 180

Question 180

Multiple Choice

The firm will rent more and more land until the rent and the ____ of the last unit of land hired are equal.


A) marginal physical product
B) MRP
C) output

Correct Answer:

verifed

Verified

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

Related Questions

Q175: Which of the following offers the best

Q176: The most important influence on the marginal

Q177: The MRP schedule of the imperfect competitor

Q178: How many workers would the firm hire

Q179: How many workers would the firm hire

Q181: As output rises,<br>A)marginal revenue product declines.<br>B)marginal revenue

Q182: If the price that a perfect competitor

Q183: When we have an optimum resource mix

Q184: A decrease in interest rates would<br>A)increase the

Q185: A rise in the wage rate would

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines