The marginal product is the incremental change in total output that can be obtained from the use of one more unit of an input in the production process, while holding constant all other inputs

When Grayce deposits $4,000 cash in her checkable deposit at the Beach Bank and the Beach Bank's excess reserves increase by $3,600, the desired reserve ratio is

A) 5 percent. B) 90 percent. C) 10 percent. D) 15 percent. E) $400.

The marginal revenue curve for a monopolist is the same as its demand curve

a. True b. False Indicate whether the statement is true or false