The Marginal Product of Labour Is Defined as

question 29

Multiple Choice

The marginal product of labour is defined as

• A) The additional output produced by the last ∆L units of labour hired
• B) The amount of output divided by the amount of capital used to produce the output
• C) The amount of output produced multiplied by the last ∆L units of labour hired
• D) The amount of output divided by the number of workers employed