The Marginal Physical Product of Labor Is Equal to

question 2

Multiple Choice

The marginal physical product of labor is equal to

• A) Total output divided by the quantity of labor.
• B) The percentage change in total output divided by the percentage change in quantity of labor.
• C) The change in total output divided by the change in quantity of labor.
• D) The change in total revenue associated with one additional unit of input.

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