If this firm were a perfect competitor selling its entire output at a price of $1, the marginal revenue product of the third unit of input would be
A. $0.
B. $1.
C. $2.
D. $3.
D. $3.
Economics
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Other things equal, trademarks and brand names:
A. increase the interest-rate cost of funds used to finance R&D expenditures. B. decrease the interest-rate cost of funds used to finance R&D expenditures. C. decrease the expected rate of return on R&D expenditures. D. increase the expected rate of return on R&D expenditures.
Economics
One World View article, "The Risks of China's Foreign-Exchange Stockpile," states that
A. The dollar is undervalued. B. The reserves of foreign exchange in China can cause inflation in China. C. The trade imbalance is due to an overvalued yuan. D. China's reserves of currency can cause deflation in China.
Economics