Introduction to Economics 1 Deneme Sınavı Sorusu #726738

Which of the followings defines the term marginal product of labor?


The increase in total output produced from additional unit of labor employed

The demand for a factor of production

The inputs used to produce goods and services

The relationship between the factors of production that a firm uses and the output it produces

The value of the production made by the last worker hired for the firm


Yanıt Açıklaması:

Marginal product of labor is the increase in total output produced from additional unit of labor is employed. Therefore, the correct option is A.

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