Multiple Choice
In a purely competitive industry,a decrease in a firm's marginal revenue product for an economic resource could result from a(n) :
A) decrease in demand for the firm's final product.
B) decrease in the price of the economic resource.
C) decrease in the supply of the economic resource.
D) increase in the marginal productivity of the resource.
Correct Answer:
Verified
Correct Answer:
Verified
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