The Marginal Product of Labour Is Defined as

question 62

Multiple Choice

The marginal product of labour is defined as

• A) the additional sales revenue that results when one more worker is hired.
• B) the additional output that results when one more worker is hired, holding all other resources constant.
• C) the additional number of workers required to produce one more unit of output.
• D) the cost of hiring one more worker.

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Definitions:

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