The change in a firm's total wage bill that results from its hiring of one additional unit of labor is called
A) marginal expenditure
B) total expenditure
C) average expenditure

Name: The change in a firm's total wage bill that results from its hiring of one additional unit of labor is called A) marginal expenditure B) total expenditure C) average expenditure
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The change in a firm's total wage bill resulting from hiring an additional unit of labor is referred to as marginal expenditure.

The Change in a Firm's Total Wage Bill That Results