Marginal Revenue Product Is

Multiple Choice

Marginal revenue product is:

A) defined as the amount that an additional unit of the variable input adds to the total revenue
B) equal to the marginal factor cost of the variable factor times the marginal revenue resulting from the increase in output obtained
C) equal to the marginal product of the variable factor times the marginal product resulting from the increase in output obtained
D) a and b
E) a and c