Holding the Price of a Firm's Output Constant, If the Marginal

question 223

Multiple Choice

Holding the price of a firm's output constant, if the marginal product of labor increases

• A)the marginal revenue product of labor decreases.
• B)the marginal revenue product of labor also increases.
• C)the marginal products of other inputs also increase.
• D)the marginal revenue product of labor may increase or decrease.

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