The Additional Output Associated with the Employment of One Additional

question 42

Multiple Choice

The additional output associated with the employment of one additional human resources unit, with other production factors held constant, is known as the:

• A)future price
• B)marginal cost of labour
• C)marginal review of labour
• D)marginal product of labour
• E)net profit margin

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Definitions:

Relative Value

The worth or importance of something in relation to another item's worth, often used in economics and investing.

Source Factors

Characteristics of the communicator or source of information that affect the persuasiveness or effectiveness of the communication.

Mechanic

A skilled worker who repairs and maintains machinery, vehicles, or other mechanical equipment.

Drunk Driving

The act of operating a motor vehicle while under the influence of alcohol, which impairs cognitive and motor skills.