# The Marginal Revenue Product is likely to be wage inelastic if ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: The Marginal Revenue Product is likely to be wage inelastic if ? Correct Answer: D. There are many substitutes for the final product. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# The Marginal Revenue Product is likely to be wage inelastic if ?

Direct Answer & Quick Reference

The correct option is **D. There are many substitutes for the final product**.

A. Labour costs are a high percentage of total costs

B. Demand for the final product is price inelastic

C. It is relatively easy to substitute capital for labour

D. There are many substitutes for the final product **(Correct Answer)**

✨ Explain with AI

Verified Key: D. There are many substitutes for the final product
Solved by 2,261+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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*Source: https://test-prep.blog/mcq/the-marginal-revenue-product-is-likely-to-be-wage-inelastic-if-ebca769d-987d-4d9f-af0e-a548bed853f7*
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