The Marginal Revenue Product of a Resource Depends on the Following

question 340

Multiple Choice

The marginal revenue product of a resource depends on the following factors, except

• A)the price of the resource.
• B)the price of the product.
• C)the quantity of the resource employed.
• D)the marginal product of the resource.

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Definitions:

Confederate

Relating to the confederation of 11 southern US states that seceded from the Union leading to the American Civil War.

Union Troops

The armed forces of the Northern states during the American Civil War, fighting against the Confederate states.

Escape

The act of breaking free from confinement or an undesirable situation, often requiring cunning or force.

Sergeant William Walker

There are several individuals named Sergeant William Walker across history and contexts; without more detail, it's challenging to specify. Commonly, it could refer to a person with military rank named William Walker.