The Contribution of One More Unit of Labor to Total

question 71

Multiple Choice

The contribution of one more unit of labor to total revenues is called

• A)marginal revenue.
• B)marginal product.
• C)total product.
• D)marginal revenue product.
• E)total revenue product.

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Definitions:

Receptive Vocabulary

The number of words one understands.

Expressive Vocabulary

The number of words one can use in the production of language.

Babble

The sounds, syllables, and simple vocalizations produced by infants and young children as they begin to learn language.

Visual Recognition Memory

The ability to remember and recognize previously encountered visual stimuli.