The Marginal Product of Labour Is Defined as

question 14

Multiple Choice

The marginal product of labour is defined as

• A) the amount of output produced by a given labour force
• B) the minimum amount of workers required to produce a given level of output
• C) the increase in productivity of the marginal worker if capital is increased
• D) the amount of output one more worker could produce given other factors of production are fixed
• E) the cost of employing another worker

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Definitions:

American Undergraduates

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Environment

The surroundings or conditions in which a person, animal, or plant lives or operates.

Cross-Cultural Researchers

Scientists who study the differences and similarities among cultures, often to understand how cultural contexts influence human behavior and cognition.

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The ability to read and write at a level that enables communication, understanding, and participation in society.