The Change in Total Output When One Additional Unit of Labor

question 51

Multiple Choice

The change in total output when one additional unit of labor is hired is known as the

• A)capacity utilization rate
• B)average product of labor
• C)marginal product of labor
• D)total product of labor
• E)marginal output of labor

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Definitions:

Class Exception

A type of object in Java that represents errors or issues that occur during the execution of a program.

Subclasses

Classes that derive from a superclass and can inherit its properties and methods, potentially overriding them.

NoSuchElementException

An exception thrown in Java when one attempts to access an element that does not exist, often in the context of iterators.