What Is the Definition of Marginal Product of Labour

question 98

Multiple Choice

What is the definition of marginal product of labour?

• A) the total output divided by the total labour utilized
• B) the change in total output divided by the change in labour, other factors of production held constant
• C) the change in profit divided by the change in labour, other factors of production held constant
• D) the change in labour utilized divided by the change in total output, other factors of production held constant

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Definitions:

Pancreatic Bicarbonate

A bicarbonate ion produced by the pancreas that neutralizes stomach acid as it enters the small intestine.

Secretin

Hormone formed by the epithelial cells of the duodenum; stimulates secretion of pancreatic juice high in bicarbonate ions.

Bile Production

The process of creating bile, a digestive fluid, by the liver and its storage in the gallbladder.

Gastric Secretion

The release of digestive enzymes and acids by the stomach’s lining to aid in food digestion.