Because the marginal product of labor measures the quantity of labor
Required to produce a unit of a good, the slope of the PPF can also be
Expressed as:
A)the ratio of abundance of labor to capital.
B)consumer utility.
C)the opportunity cost (in units of labor) to obtain an additional unit of good 1 in terms of what we give up of good 2.
D)the ratio of the marginal products of labor to the marginal product of capital.

Question

Quizplus · Accepted Answer

The slope of the PPF represents the opportunity cost of producing one good over another. Since the marginal product of labor measures the additional output from an additional unit of labor, it relates to the opportunity cost in terms of labor needed to produce more of one good at the expense of another.

Because the Marginal Product of Labor Measures the Quantity of Labor