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Author Question: The shape of the marginal revenue product curve for a perfectly competitive firm would be ________ ... (Read 77 times)

trevg

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on: Oct 12, 2022
The shape of the marginal revenue product curve for a perfectly competitive firm would be ________ its marginal product curve because ________.
◦ the same as; MR is constant as output increases
◦ steeper than; its product's price increases as output increases
◦ flatter than; it must pay a higher wage to the variable factor as output increases
◦ flatter than; its product's price decreases as output increases
◦ steeper than; MR decreases as output increases
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by trevg on Oct 12, 2022

Deonnak85

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Reply #1 on: Oct 12, 2022
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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trevg

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

alexanderhamilton

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Reply 3 on: Yesterday
Wow, this really help

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