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:

Command

An instruction given by a user to a computer or software to perform a specific task or operation.

Right-clicking

The action of pressing the right button on a mouse, which typically opens a context-specific menu with additional options and commands.

Shortcut Menu

A context-sensitive menu that appears upon a right-click or a specific gesture, offering quick access to a set of actions related to the current context or task.

Touch Screen

A display device that allows users to interact with what is displayed directly on the screen by touching it with a finger or stylus.