What can the marginal product of labour be defined as
A)change in profit divided by change in quantity of labour
B)change in quantity of output divided by change in quantity of labour
C)change in quantity of labour divided by change in quantity of output
D)change in quantity of labour divided by change in profit

Question

Quizplus · Accepted Answer

The marginal product of labour is defined as the change in quantity of output divided by the change in quantity of labor, which means how much additional output can be produced by adding one more unit of labor. Therefore, option B is the correct definition of the marginal product of labour. A, C, and D are incorrect definitions.

What Can the Marginal Product of Labour Be Defined as