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AP Microeconomics
Unit 5 – Factor Markets
Topic 5.1
What happens to marginal product and marginal revenue product as more workers are hired?
Both marginal product and marginal revenue product increase
Marginal product decreases while marginal revenue product increases
Both marginal product and marginal revenue product decrease
Marginal product increases while marginal revenue product decreases
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AP Microeconomics - 5.1 Introduction to Factor Markets
Key terms
Marginal revenue product
Marginal Product
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About Fiveable
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Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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