Relationship between perfectly competitive firms MRP curve

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Reference no: EM13815791

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.

Reference no: EM13815791

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