Which of the Following Statements Is False

question 50

Multiple Choice

Which of the following statements is false?

• A)The value marginal product is a measure of the value that each factor unit adds to the firm's product.
• B)For a monopolist, value marginal product equals marginal revenue product.
• C)A change in the price of the product labor produces or a change in the marginal physical product of labor (reflect in a shift in the MPP curve) will shift the demand curve for labor.
• D)For a perfectly competitive firm, value marginal product equals marginal revenue product.

---

Definitions:

Survival Strategies

Techniques, behaviors, or adaptations that organisms use to survive and reproduce in their environments.

Typical Fish

Refers to common or representative fish species found in a given aquatic environment.

Density-Independent

Factors affecting population growth regardless of the population density, such as natural disasters.