The Marginal Product of Labor Is Defined as

question 64

Multiple Choice

The marginal product of labor is defined as

• A)the change in total revenue that results when an additional unit of a labor is hired.
• B)the additional labor required to produce one more unit of output.
• C)the additional labor cost of producing one more unit of output.
• D)the change in output that a firm produces as a result of hiring one more worker.

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Definitions:

Close

The conclusion or final part of a document, presentation, or sale, often summarizing key points or calling for action.

Negative Message

Communication that conveys bad news, rejection, or a negative outcome.

Repeat

To do or say something again, often for emphasis, clarification, or to ensure retention of information.

Indirect Approach

A communication strategy that uses suggestions, implications, or subtlety rather than direct statements or instructions.