The Additional Output from One More Worker Is Known as

question 361

Multiple Choice

The additional output from one more worker is known as

• A) marginal revenue product.
• B) marginal physical product.
• C) marginal factor cost.
• D) marginal wage.

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Definitions:

Concisely

In a manner that is brief but comprehensive and clear, using as few words as necessary.

Receiver's Perspective

Considering the point of view and understanding of the person who receives the communication.

Feedback

Information given to someone about their performance or work, intended to guide future improvements.

Nonverbal Responses

Reactions or feedback communicated without using spoken words, such as gestures, facial expressions, or physical movements.