The marginal revenue product of a resource depends on the following factors, except:


A.  The price of the resource

B.  The price of the product

C.  The quantity of the resource employed

D.  The marginal product of the resource

A.  The price of the resource

Economics

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Using the above figure, in the absence of any government intervention, the number of tons of paper produced will be

A) 60 million tons. B) 80 million tons. C) 100 million tons. D) 120 million tons.

Economics

The sale of foreign assets by a central bank accompanied by an open market purchase of securities of the same size results in:

A) a reduction in the monetary base B) an increase in the monetary base C) a sterilized intervention D) an unsterilized intervention

Economics