The Marginal Product of Labor Is Defined as

question 212

Multiple Choice

The marginal product of labor is defined as

• A)the additional sales revenue that results when one more worker is hired.
• B)the additional output that results when one more worker is hired, holding all other resources constant.
• C)the additional number of workers required to produce one more unit of output.
• D)the cost of hiring one more worker.

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