When a firm hires an additional unit of labor, the increase in a firm's total revenues is known as the marginal:

Name: When a firm hires an additional unit of labor, the increase in a firm's total revenues is known as the marginal:
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The increase in a firm's total revenues when it hires an additional unit of labor is known as the marginal revenue product. This is the additional revenue generated by adding one more unit of labor to the production process.

When a Firm Hires an Additional Unit of Labor, the Increase