All of the Following Except One Are True Statements About

question 146

Multiple Choice

All of the following except one are true statements about the MRP. Which is the exception?

• A) It is equal to ΔTR/Δinputs.
• B) It is equal to ΔTP/price.
• C) It is the increase in total revenue that results from the use of one more unit of input.
• D) It is equal to MP_L Δ price.

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Detailed Menus

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