The marginal revenue product is

a. TR/P
b. w/Q
c. MPP × P
d. MRP × P
e. w × L


C

Economics

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Open market operations refer to the buying and selling of ________ by the ________ to control the money supply

A) Treasury securities; Treasury Department B) Treasury securities; Federal Reserve C) stocks and bonds; Treasury Department D) stocks and bonds; Federal Reserve

Economics

A move from D2 to D3 is a(n) _____.


A. an increase in quantity demanded
B. a decrease in quantity demanded
C. an increase in demand
D. a decrease in demand

Economics

Refer to the given information. The unemployment rate is:



Answer the question on the basis of the following information about a hypothetical economy:

A.  18.8 percent.
B.  12.5 percent.
C.  16.7 percent.
D.  25 percent.

Economics

The perpetual problem in economics is:

a. our inability to work together effectively. b. our inability to satisfy everyone's wants with the available resources. c. a recognition of continual class differences. d. our inability to utilize resources efficiently. e. likely to be solved in resource-rich countries.

Economics