The Diagram Below Shows the MRP Curve for a Firm

question 2

Multiple Choice

The diagram below shows the MRP curve for a firm producing copper plumbing pipe.The factor of production being considered here is hours of labour. FIGURE 13-1
-Refer to Figure 13-1.This firm's MRP curve is the firm's

• A)derived demand for copper plumbing pipe.
• B)demand curve for labour.
• C)market demand curve for copper plumbing pipe.
• D)marginal product of labour curve.
• E)total product curve for labour.

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