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Question
When increased demand raises the price of the product, the
A) marginal revenue product will also increase.
B) marginal revenue product will fall.
C) marginal revenue product will remain unchanged.
D) sales will fall.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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The United Statesʹ balance of payments is likely to improve whenA) there is an increase in political instability in other countries.B) the inflation rate in the United States rises relative to other countries.C) the American government increases its spending on foreign aid. D) American people want to invest more in foreign countries.