The effect on revenue due to a marginal increase in the input is called the marginal revenue product. Match the statements below with the appropriate type of market structure a firm operates in. The marginal revenue product of the input x equals the value of the marginal product of that input (price times marginal product). This statement is true for a competitive market . The marginal revenue product of the input x is lower than the value of the marginal product of that input (price times marginal product). This statement is true for a