The neoclassical growth theory concluded that economic growth is temporary because of a population explosion that occurs as a result of economic growth

For years, your neighbor insisted she had no desire to own a computer. Recently, however, she purchased one and says she did so because all her relatives have computers and she wants to exchange e-mail with them. Your neighbor's behavior is an example of

A) a switching cost. B) the impact of negative market feedback. C) limited-pricing behavior. D) a network effect.

Which of the following equations defines marginal revenue product?

a. MRP = P times Q. b. MRP = total cost. c. MRP = total revenue minus total cost. d. MRP = MPP times price of the product.