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Homework answers / question archive / 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

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

Economics

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.

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