The Change in Output Resulting from the Addition of One

question 358

Multiple Choice

The change in output resulting from the addition of one more worker is

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

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Definitions:

Union Administration

The management and operational activities performed by the leadership and staff of a labor union, including contract negotiation, member representation, and organizational governance.

Democratic Institutions

Organizations or systems that are based on the principles of democracy, involving the participation of the population in decision-making processes.

Union Federation

An organization that unites multiple labor unions within a certain region, industry, or country to coordinate collective actions and policies.

Worker Rights

Rights entitled to workers, including fair wages, safe working conditions, freedom to organize and bargain collectively, and protection from discrimination and unjust dismissal.