The marginal product of labor is the change in
A) total cost from employing one more worker.
B) total revenue from employing one more worker.
C) average product from employing one more worker.
D) total output from employing one more worker.
E) total output divided by the change in cost from employing one more worker.

Question

Quizplus · Accepted Answer

The marginal product of labor is defined as the additional output that is obtained by adding one more unit of labor while keeping all other factors of production constant. Therefore, the correct answer is D, which represents the change in total output from employing one more worker.

The Marginal Product of Labor Is the Change in