Which of the Following Statements Is True About the Marginal

question 10

Multiple Choice

Which of the following statements is true about the marginal product of labour?

• A)It is total output divided by the quantity of labour inputs used.
• B)It is the increase in total output resulting from the use of one more unit of labour.
• C)It is the increase in total output divided by the quantity of labour inputs used.
• D)It is total output multiplied by the quantity of labour inputs used.

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Definitions:

Serial Search

A search for information in which several stores or slots of information are sequentially examined for match to the target.

Anterograde Amnesia

A condition in which a person is unable to form new memories following the onset of amnesia, although memories from before the onset may remain intact.

Hippocampus

A crucial part of the brain involved in memory formation and spatial navigation.

Receny Effect

The tendency to remember and give greater importance to the most recently presented information over older information.