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What is the relationship between a perfectly competitive firm's MRP curve for an input and that firm's demand curve for that input?

A. The firm's demand curve for an input is the downward-sloping portion of the MRP curve.

B. They are unrelated.

C. They are identical except for the units (and scale) of their vertical axes.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91385718

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