A Derived Unit

question 78

Multiple Choice

A derived unit

• A) involves only length.
• B) is a combination of units.
• C) applies only to density.
• D) is not found in the metric system.

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Definitions:

Labor Supply Data

Information regarding the number of individuals available to work, including their skills and wage requirements.

Marginal Product

The additional output that is produced as a result of employing one more unit of a particular input, keeping other inputs constant.

Labor Demand Data

Information that represents the number of workers that firms are willing and able to hire at various wage levels.

Labor Supply Data

Information and statistics related to the availability of workers and their willingness to work at various wage rates.