When increased demand raises the price of the product, the
A) marginal revenue product will also increase.
B) marginal revenue product will fall.
C) marginal revenue product will remain unchanged.
D) sales will fall.
A
Economics
You might also like to view...
Which of the following is true? a. Purchases of stock are included as part of investment in the national income accounts. b. Fixed investments include all spending on capital goods, as well as residential construction. c. Investment spending is the least volatile category of GDP
d. All of the above are true.
Economics
A bondholder is a stockholder who owns bonds
Indicate whether the statement is true or false
Economics