The increase in total revenue due to increasing the amount of labor employed by one unit is called the( )
A: Average Revenue Product.
B: Marginal Product.
C: Total Revenue Product.
D: Marginal Revenue Product.
A: Average Revenue Product.
B: Marginal Product.
C: Total Revenue Product.
D: Marginal Revenue Product.
举一反三
- The increase in total revenue due to increasing the amount of labor employed by one unit is called the( )
- The marginal product of an input in the production process is the increase in A: total revenue obtained from an additional unit of that input. B: quantity of output obtained from an additional unit of that input. C: profit obtained from an additional unit of that input. D: total revenue obtained from an additional unit of that input.
- A profit-maximizing monopolist will produce the level of output at which A: average revenue is equal to average total cost. B: average revenue is equal to marginal cost. C: marginal revenue is equal to marginal cost. D: total revenue is equal to opportunity cost.
- A firm maximizes profit by operating at the level of output where A: average revenue equals average cost. B: average revenue equals average variable cost. C: total costs are minimized. D: marginal revenue equals marginal cost. E: marginal revenue exceeds marginal cost by the greatest amount.
- Marginal revenue product（of an input），（ MRP） （一种投入的）边际收益产品