Multiple Choice
The marginal revenue product of labor equals _____
A) the marginal product of labor/wage rate.
B) the change in total revenue/the change in units of labor.
C) the change in total revenue times the change in units of labor.
D) the product price/marginal physical product of labor.
E) the marginal physical product of labor × the wage rate.
Correct Answer:
Verified
Related Questions
