Problem
1. As output rises, which MRP curve declines more quickly-the MRP of the perfect competitor or the MRP of the imperfect competitor? Explain your answer.
2. How is the demand for a resource affected by (a) changes in the demand for the final product and (b) productivity changes?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.