If the MPP of an Additional Unit of Labor Is

question 91

Multiple Choice

If the MPP of an additional unit of labor is 3 units per hour,product price is constant at $8 per unit,and the wage rate is $26 per hour,then

• A)The additional unit of labor should be employed.
• B)The additional unit of labor should not be employed because it costs more than it is worth.
• C)The employer should lower wages and accept less employment of labor.

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Definitions:

Effectiveness

The degree to which something achieves its intended outcome or goals, often used to evaluate strategies, tools, or processes.

Compelling Persuasive Message

A message crafted to effectively convince or influence the audience to accept a particular viewpoint or take a specific action.

Necessary Information

Essential data or facts required to understand a situation, make a decision, or solve a problem.

Persuasive Business Messages

Communications designed to convince or influence an audience in a business context, often aiming to promote a product, service, or idea.