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If the market for a good or a service is not competitive, the formula that accounts for how the price of the good changes when
If the market for a good or a service is not competitive, the formula that accounts for how the price of the good changes when more resources are used to produce it is: Multiple choice question. Marginal Revenue Product = in Marginal product/ in Resource Quality. Marginal Revenue Product = in Average Revenue/ in Resource Quantity. Marginal Revenue Product = in Marginal Revenue/ in Resource Quality. Marginal Revenue Product = in Total Revenue/ in Resource Quantity
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