Question: cmillanlearning.com / sac / 1 0 9 8 2 2 8 2 # / 1 0 9 8 2 2 8 2 / 1 /

cmillanlearning.com/sac/10982282#/10982282/1/-1
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The value of marginal product of a factor shows how much an additional unit of a factor adds to
dollar revenue.
profitability.
unit costs.
the level of production.
A profit-maximizing firm operating in a perfectly competitive market will add new units of a factor of production until
value of marginal product equals marginal product.
value of marginal product equals factor price.
value of marginal product equals marginal revenue.
marginal product equals factor price.
cmillanlearning.com / sac / 1 0 9 8 2 2 8 2 # / 1

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