The Value Marginal Product of a Resource Is

question 12

Multiple Choice

The value marginal product of a resource is

• A) the marginal product of the resource multiplied by the price of the product it helps to produce.
• B) the price of the product times the price of the resource.
• C) larger when the product price is smaller.
• D) larger when the marginal product is smaller.

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Definitions:

Thumbnails

Small versions of images or videos, used to show a preview or represent the larger media in a condensed form.

Grid

A framework of spaced bars that are parallel to or cross each other; in software, it usually refers to a layout pattern for arranging elements.

Reading View

A display mode in word processors, browsers, and other applications that optimizes the layout and formatting of text to improve readability, usually by reducing clutter and focusing on the content.

Insert Slides

The action of adding new slides to a presentation program, such as Microsoft PowerPoint, to increase the length or content of the presentation.