|
Title: Marginal revenue product slopes downward for a price taker because Post by: stars_and_moon on Jul 19, 2016 Marginal revenue product slopes downward for a price taker because
A) price must be increased in order to sell the additional output that is produced when more labor is employed. B) marginal product of labor increases as the quantity of labor is increased. C) marginal product of labor decreases as the quantity of labor is increased. D) price must be decreased in order to sell the additional output that is produced when more labor is employed. Title: Re: Marginal revenue product slopes downward for a price taker because Post by: kingby on Aug 11, 2016 Content hidden
Title: Re: Marginal revenue product slopes downward for a price taker because Post by: stars_and_moon on Aug 17, 2016 Incredible!
Title: Re: Marginal revenue product slopes downward for a price taker because Post by: kingby on Aug 18, 2016 I was slightly debating this one, thanks for the feedback
|