Marginal revenue product for a price taker equals a. MP P b. ...

[sc00by25]

Marginal revenue product for a price taker equals
 a. MP  P
  b. MP/MRC
  c. MP  MRC
  d. MRC/MP
  e. MP/P

Question 2

The balance of payments summarizes the transactions that occur during a given time period between
 a. the government of one country and the government of another country
  b. the national government and local governments in the same country
  c. individuals, firms, and government of one country and individuals, firms, and governments throughout the rest of the world
  d. individuals, firms, and governments of two countries
  e. non-government residents (individuals and firms) of two countries

[dajones82]

Answer to Question 1

A

Answer to Question 2

C

[sc00by25]

Thanks for the timely response, appreciate it

[Liddy]

Great answer, keep it coming