The Value of Marginal Product of Labour Is the Revenue

question 11

Multiple Choice

The value of marginal product of labour is the revenue

• A)generated by selling an additional unit of output.
• B)needed to hire an additional unit of labour.
• C)generated by the employment of an additional unit of labour.
• D)needed to cover the cost of producing an additional unit of output.
• E)generated to cover the cost of hiring an extra unit of labour.

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Definitions:

African Americans

A term referring to citizens or residents of the United States who have total or significant ancestral origins from any of the black racial groups of Africa.

Mutual Constitution

The idea that entities, such as society and the individual, or culture and meaning, are co-constructed, shaping and being shaped by each other reciprocally.

Cultural Change

The modification of a society's cultural patterns, behaviors, beliefs, and values over time.

Power Distance

A cultural system emphasizing formality and greater difference in power among people.