The additional output associated with the employment of one additional human resources unit, with other production factors held constant, is known as the:
A)future price
B)marginal cost of labour
C)marginal review of labour
D)marginal product of labour
E)net profit margin

Question

Quizplus · Accepted Answer

The marginal product of labour refers to the additional output produced as a result of employing one more unit of labor, while keeping other factors of production constant.

The Additional Output Associated with the Employment of One Additional