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In a Purely Competitive Market for Economic Resources,a Firm's Marginal

Question 92

Multiple Choice

In a purely competitive market for economic resources,a firm's marginal revenue product for a factor could decrease as a result of a(n) :


A) increase in the resource's marginal product.
B) decrease in the demand for the firm's product.
C) increase in the prices of all other resource inputs.
D) decrease in the supply for the economic resource.

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