The Difference Between Marginal Revenue Product and Marginal Product Is

question 4

Multiple Choice

The difference between marginal revenue product and marginal product is that

• A)one is measurable whereas the other is not.
• B)one looks at change in costs whereas the other looks at change in revenue.
• C)one looks at change in costs whereas the other looks at change in output.
• D)one looks at change in revenue whereas the other looks at change in output.
• E)one is a real variable whereas the other is a nominal variable.

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Definitions:

Organic Product

A chemical compound primarily made of carbon atoms, formed as a result of organic reactions.

Reaction Structure

The detailed arrangement of atoms and bonds in the reactants and products of a chemical reaction.

Reaction Structure

The arrangement and connectivity of atoms and the types of chemical bonds within the species participating in a chemical reaction.

Organic Product

A compound containing carbon atoms that have been created as the result of a chemical reaction involving organic molecules.