Which of the Following Is the Formula for the Marginal

question 17

Multiple Choice

Which of the following is the formula for the marginal product of labor?

• A) F(L) - F(L - ∆L)
• B) F(L)/L
• C) F(L)/∆L
• D) [F(L) - F(L - ∆L)]/∆L

---

Definitions:

Equipment

Tangible assets used in the operation of a business, such as machinery, computers, and furniture, which are not intended for sale.

Installation Costs

The expenses associated with setting up or installing equipment, machinery, or software.

Transportation Costs

Expenses associated with the movement of goods from one location to another, including shipping fees and logistics.

Testing Costs

Expenses associated with the process of verifying the functionality, quality, or performance of a product before its market release.