Marginal Product Is

question 111

Multiple Choice

Marginal product is

• A) the output of the least skilled worker.
• B) a worker's output multiplied by the price at which each unit can be sold.
• C) the amount an additional worker adds to the firm's total output.
• D) the amount any given worker contributes to the firm's total revenue.

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Definitions:

Market Rate of Return

The average return on investment that is typically expected from an asset class over a period.

Expected Return

The mean of all potential investment returns, adjusted for the probability of each result occurring.

Security's Beta

A measure of an investment's volatility compared to the market as a whole, indicating its risk in relation to the market.

Risk Premium

The extra return expected from an investment for taking on additional risk.