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Which of the Following Best Describes the Marginal Product of Labor

Question 13

Multiple Choice

Which of the following best describes the marginal product of labor for an additional employee in a landscaping firm?


A) The number of additional acres the firm can mow in a week because of that employee.
B) The extra money the firm brings in because of that employee.
C) The additional profits the firm earns because of that employee.
D) The additional wages the firm must pay in labor costs because of that employee.

Correct Answer:

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