The Definition for the Marginal Product of Labour Is

question 120

Multiple Choice

The definition for the marginal product of labour is

• 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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Definitions:

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Academics or intellectuals from Italy who contribute to various fields of study.

License To Practice

A legal authorization granted to professionals, allowing them to practice their profession within a specified scope.