The Marginal Product of an Additional Unit of Labor Is

question 38

Multiple Choice

The marginal product of an additional unit of labor is 100 units per day and the market price of this output is $0.75 per unit.
-What is the value of labor's marginal product?

• A) 75 units
• B) 100 units
• C) $0.75
• D) $75
• E) $133

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