2708EconomicsMedium
The Marginal Revenue Product is?
AUpward sloping due to the law of demand
BDownward sloping due to the law of supply
CDownward sloping due to the law of diminishing returns
DUpward sloping due to the law of marginal utility
Correct answer
A. Upward sloping due to the law of demand
Explanation
The correct answer is Upward sloping due to the law of demand.