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Question 30

The additional revenue obtained by using one more unit of a factor is called its?

  • A.Marginal product
  • B.additional product
  • C.marginal revenue product
  • D.average product
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2015/2016
Question no.
#30
Type
Objective
Previous · Q29What is excess supply at the equilibrium price? Next · Q31 In the operation of market forces, the market is in equilibrium at the point…

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