In general, as units of resource inputs rise, their marginal revenue product
A. rises.
B. stays the same.
C. declines.
C. declines.
Economics
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If capital demand shifts to shorter lived equipment, then
A) net investment will fall. B) net investment will increase. C) net investment will not change. D) the effect on net investment is unknown.
Economics
States that developed successful and sound commercial banking systems in the antebellum period included all of the following except:
a. New York. b. Ohio. c. Michigan. d. Louisiana.
Economics