The Marginal Revenue Product is likely to be wage inelastic if ? – McqOptions

MCQOPTIONS

1.	The Marginal Revenue Product is likely to be wage inelastic if ?
A.	Labour costs are a high percentage of total costs
B.	Demand for the final product is price inelastic
C.	It is relatively easy to substitute capital for labour
D.	There are many substitutes for the final product
Answer» E.

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