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Author Question: A competitive firm will use a factor of production as long as its marginal revenue product exceeds ... (Read 32 times)

jlmhmf

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on: Apr 19, 2019

Question 1

As firms hire additional units of labor, eventually the marginal revenue product will always increase.


◦ true
◦ false

Question 2

A competitive firm will use a factor of production as long as its marginal revenue product exceeds its unit cost.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by jlmhmf on Apr 19, 2019

verrinzo

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jlmhmf

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Reply #2 on: Apr 19, 2019
Thanks


verrinzo

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Reply #3 on: Apr 19, 2019
Welcome :)


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