When a Firm Hires Another Employee And,as a Result,total Output

question 33

Multiple Choice

When a firm hires another employee and,as a result,total output increases,this change in total output is also known as

• A) total output.
• B) marginal employment.
• C) marginal product.
• D) labor contribution.
• E) marginal benefit.

---

Definitions:

Probability

This refers to the likelihood or chance of a particular event happening, usually expressed as a number between 0 (impossible) and 1 (certain).

Environmental Issues

Various concerns related to the deterioration of the environment, including pollution, global warming, and deforestation.

Eligible Voter

An individual who meets the criteria determined by law or policy to vote in an election.

Probability

The estimation of how probable an event is, marked by a number from 0 to 1.