MCQ
Marginal product is ________
- A$\mathrm{MP}=\frac{A P}{N}$
- B$\mathrm{MP}=\frac{T P}{N}$
- C$\mathrm{MP}=\frac{\Delta A P}{\Delta N}$
- ✓$\mathrm{MP}=\frac{\Delta T P}{\Delta N}$
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| a) | A.C. Pigou | Imperfect competition | |
| b) | Joan Robinson | Degrees of price discrimination | |
| c) | Monopolistic competition | Non-price discrimination | |
| d) | Oligopoly | Price flexibility | |