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Suppose that marginal product tripled while product price fell by one - half in Table 1 6 . 1 . What would be the new

Suppose that marginal product tripled while product price fell
by one-half in Table 16.1. What would be the new MRP values
in Table 16.1? What would be the net impact on the location of
the resource demand curve in Figure 16.1? LO16.2

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