A shop foreman determines that an employee would produce two more units of output ff he worked one additional hour. The product currently sells for $15.00 per unit and the firm is a price taker. Which of the following choices most accurately describes the relationship between the marginal revenue (MR) and marginal revenue product (MRP) from the additional hour of labor input()
A. MRP > MR.
B. MRP = MR.
C. MR < $15 and MRP = MR.
参考答案:A
解析:
By definition, the MR is the addition to total revenue from selling one more unit of output. The MRP is the revenue from selling the marginal product, which in this example is two units. Therefore the MRP must be greater than the MR.