Which of the Following Correctly Defines the Marginal Product of Labor

question 33

Multiple Choice

Which of the following correctly defines the marginal product of labor?

• A) It is the additional output produced by an additional unit of labor, all other factors held constant.
• B) It is the additional output produced by a proportionate increase in capital and labor, the demand for the product held constant.
• C) It is the additional labor required to produce one additional unit of output, other inputs held constant.
• D) It is calculated as the total output divided by the total units of labor employed in production.
• E) It is the addition to total cost from employing an additional unit of labor.

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Definitions:

GABA

A neurotransmitter in the brain responsible for reducing neuronal excitability throughout the nervous system.

Neurotransmitters

Chemical substances in the nervous system that transmit signals from one neuron to another, playing critical roles in communication within the brain and affecting various bodily functions.

Human Nervous System

The part of an individual's body that coordinates its actions by transmitting signals to and from different parts of its body.

Glial Cell

Non-neuronal cells in the central and peripheral nervous system that provide support and protection for neurons.