When a Firm's Only Variable Input Is Labour,what Does the Slope

question 136

Multiple Choice

When a firm's only variable input is labour,what does the slope of the production function measure

• A)the quantity of labour
• B)the quantity of output
• C)the total cost
• D)the marginal product of labour

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Definitions:

Stock Dividend

A payment made by a corporation to its shareholders in the form of additional stock, rather than cash.

Retained Earnings

The portion of a company's profits that is held or retained and not paid out as dividends to shareholders, often used for reinvestment in the business.