The Marginal Product Is the Extra Amount of Output a Firm

question 46

True/False

The marginal product is the extra amount of output a firm can generate by adding one more hour of labor (or one more worker).

---

Definitions:

Ethmoid Bone

A sponge-like, cube-shaped bone located between the eyes, forming a portion of the nasal cavity and the eye sockets.

Auditory Ossicles

Three small bones (the malleus, incus, and stapes) located in the middle ear that transmit sound vibrations from the eardrum to the inner ear.

Malleus

A small bone in the middle ear that transmits sound vibrations from the eardrum to the incus, one of three ossicles.

Cranial Bones

The bones that form the skull, protecting the brain and supporting the structures of the face.