(Solved): The marginal revenue product (MRP) of the imperfectly competcive seller falls for two reasons, becau ...

The marginal revenue product (MRP) of the imperfectly competcive seller falls for two reasons, because

MP diminishes and product price falls as output increases MD diminishes and product pitce fises as output increases MP diminishes and product price falls as outpí decreases MP rises and produet prico totts as oulput increases