The Marginal Productivity Principle Implies That

question 9

Multiple Choice

The marginal productivity principle implies that

• A)quantity demanded of an input normally declines as the input price falls.
• B)at equilibrium, profit from the last unit of input will be zero.
• C)for maximizing profit, marginal revenue product should be greater than price.
• D)marginal productivity of inputs increase when price of inputs increase.

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Definitions:

PXE

Preboot Execution Environment, a protocol that allows computers to boot up and load operating systems over a network interface, bypassing the need for local storage.

Command Line PE Environment

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Surge Protector

A device that protects electrical appliances from voltage spikes by limiting the voltage supplied to the appliance.

Power Inverter

A Power Inverter is an electrical device that converts direct current (DC) into alternating current (AC), allowing the use of household appliances in situations where only DC power is available.