The Change in Total Output That Occurs with a One-Unit

question 48

Multiple Choice

The change in total output that occurs with a one-unit change in labor is called the

• A)average productivity of labor.
• B)marginal product of labor.
• C)total product of labor.
• D)marginal benefit of labor.
• E)marginal cost of labor.

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Definitions:

Type A Personality

A temperament characterized by high competitiveness, self-imposed stress, impatience, and a sense of urgency, often linked with a higher risk of heart disease.

External Locus

The belief that one's successes or failures result from external factors beyond one's control.

Type A Personality

A personality configuration characterized by a constant sense of urgency, competitiveness, impatience, and high stress.

Type B Personality

A personality trait characterized by a composed, indulgent, and leisurely disposition.