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Author Question: For a perfectly competitive firm, marginal revenue product is equal to price minus marginal revenue. ... (Read 258 times)

arivle123

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For a perfectly competitive firm, marginal revenue product is equal to price minus marginal revenue.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An increase in government purchases must always be accompanied by an increase in autonomous net taxes to boost aggregate demand.
 a. True
  b. False
  Indicate whether the statement is true or false



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ErinKing

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Answer to Question 1

False

Answer to Question 2

False





 

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