The Additional Output That One Additional Input of Labor Is

question 153

Multiple Choice

The additional output that one additional input of labor is responsible for is its

• A)marginal revenue product.
• B)marginal physical product.
• C)average revenue product.
• D)average physical product.

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Definitions:

ASVAB CEP

The Armed Services Vocational Aptitude Battery Career Exploration Program, a comprehensive career exploration and planning program available to high school and post-secondary students.

Holland Codes

A theory of careers and vocational choice based on personality types, defined by John L. Holland.

Differential Aptitude Battery

A test designed to measure specific types of mental abilities and aptitudes.

Differential Aptitude Test

A standardized test designed to measure specific abilities and predict academic and career success.