Marginal product of labour is the increase in total product that results from a
A)one-unit increase in the quantity of labour employed, other inputs remaining the same.
B)one-unit increase in the quantity of fixed inputs employed, holding the quantity of labour constant.
C)one-unit increase in both the quantity of variable and fixed inputs.
D)change in the cost of labour.
E)1 percent change in the quantity of labour and the quantity of capital employed.

Question

Quizplus · Accepted Answer

Marginal product of labour specifically measures the increase in total product resulting from an additional unit of labour input, while holding other inputs constant. Therefore, the correct choice is A, "one-unit increase in the quantity of labour employed, other inputs remaining the same."

Marginal Product of Labour Is the Increase in Total Product