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Home Q & A Board Other Fields Homework Help Business Economics
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bennick bennick
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6 months ago

For a given firm, marginal factor cost is the same dollar amount no matter what quantity of a factor it purchases. For this firm,



▸

VMP = MRP.



▸

VMP > MRP.



▸

MRP > VMP.



▸

MPP necessarily declines beginning with the first factor unit.



▸

none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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raouldukraoulduk
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6 months ago
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bennick Author
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6 months ago
This helped my grade so much Perfect
Goku935
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Yesterday
Smart ... Thanks!
jamesbove
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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