When the Marginal Revenue Product of an Input Is Less

question 110

Multiple Choice

When the marginal revenue product of an input is less than its price, the

• A) producer should expand the use of that input.
• B) price of the input will automatically rise in a free market.
• C) producer should reduce the use of that input.
• D) marginal physical product of that input must be below its average physical product.

---

Definitions:

Bond Angle

The angle formed between two bonds that originate from the same atom.

Hybridizations

The concept in chemistry where atomic orbitals mix to form new hybrid orbitals suitable for the pairing of electrons to form chemical bonds in molecules.

Formaldehyde

A colorless, strong-smelling gas used in making building materials and many household products, known chemically as CH2O.

IUPAC Name

The systematic naming of chemical compounds as recommended by the International Union of Pure and Applied Chemistry, ensuring consistency and clarity worldwide.