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What Is the Value of the Marginal Product of Labour

Question 28

Multiple Choice
What is the value of the marginal product of labour equal to

What is the value of the marginal product of labour equal to


A) the change in marginal cost caused by the addition of the last worker
B) the change in total cost caused by the addition of the last worker
C) the change in total revenue caused by the addition of the last worker
D) the change in total profit caused by the addition of the last worker

Correct Answer:

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