Value of marginal product equals marginal product
A) multiplied by the quantity of labour.
B) divided by the good's price.
C) divided by the quantity of labour.
D) multiplied by the price.

Name: Value of marginal product equals marginal product A) multiplied by the quantity of labour. B) divided by the good's price. C) divided by the quantity of labour. D) multiplied by the price.
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Question

Quizplus · Accepted Answer

Value of marginal product equals the marginal product of labor multiplied by the price of the good or service produced.

Value of Marginal Product Equals Marginal Product