Why Is the Marginal Revenue Product Curve of a Factor

question 65

Multiple Choice

Why is the marginal revenue product curve of a factor negatively sloped?

• A)Additional revenue generated from an additional unit of a factor remains constant as more resources are hired.
• B)Additional revenue generated from an additional unit of a factor declines as more resources are hired.
• C)Additional revenue generated from an additional unit of a factor usually becomes zero as more resources are hired.
• D)Additional revenue generated from an additional unit of a factor increases as more resources are hired.
• E)Additional revenue generated from an additional unit of a factor doubles every time new resources are hired.

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Definitions:

NYSE

The New York Stock Exchange, one of the largest stock exchanges in the world where stocks of publicly held companies are bought and sold.

Investor Relations

The management of communication and relationships between a company and its investors, aiming to provide an accurate account of company affairs.

National Financial Publications

Media outlets and publications that focus on reporting and analysis of financial markets, economic trends, and investment strategies.

Corporate Brand Management

The practice of overseeing and guiding the perception and image of a company's brand as held by consumers and the general public.