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For a price taker in the output market, the marginal revenueproduct curve slopes

ID: 1254600 • Letter: F

Question

For a price taker in the output market, the marginal revenueproduct curve slopes downward because a. the demand curve for the final product slopesdownward b. marginal revenue curves slope downward c. of diminishing marginal returns d. the marginal resource cost curve slopesdownward e. A and B For a price taker in the output market, the marginal revenueproduct curve slopes downward because a. the demand curve for the final product slopesdownward b. marginal revenue curves slope downward c. of diminishing marginal returns d. the marginal resource cost curve slopesdownward e. A and B

Explanation / Answer

E