The Amount by Which Labour Cost Rises When an Additional

question 8

Multiple Choice

The amount by which labour cost rises when an additional worker is hired is termed

• A) marginal product.
• B) the value of marginal product.
• C) the cost of marginal product.
• D) marginal labour cost.
• E) marginal cost.

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Definitions:

Supplement Diet

The practice of taking vitamins, minerals, or other nutritional products to add to one's daily food intake.

Vitamins

Organic compounds that are essential in small amounts for the body's normal growth, functioning, and health maintenance.

Natural Products

Substances derived from natural sources such as plants, animals, and minerals, used for therapeutic or other health-related purposes.

Massage Therapy

A form of treatment involving manipulation of the soft tissues of the body to relieve pain, reduce stress, and enhance overall well-being.