If the Hiring of One More Worker Yields No Change

question 10

Multiple Choice

If the hiring of one more worker yields no change in the level of output, the marginal product of labor is________ _ at this hiring level.

• A)negative
• B)at a maximum
• C)at a minimum
• D)positive

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Definitions:

Delivery

The process of transporting goods from one location to another or the act of transferring possession and ownership of an asset or property.

Automobile

An automobile is a wheeled vehicle powered by an internal combustion engine or electric motor, used for transportation of people or goods on roads.

Nephew

A son of one's sibling or sibling-in-law.

Boardwalk Warehouse

A storage facility located near or on a boardwalk, typically used for storing goods that are transported via maritime routes.