The marginal product of labour is
A) the payment made to workers for their contribution to the output they produce.
B) equal to the demand for labour.
C) the change in a firm's revenue as a result of hiring one more worker.
D) the additional output a firm produces as a result of hiring one more worker.
Correct Answer:
Verified
Q29: Suppose a competitive firm pays a wage
Q36: Which of the following will not cause
Q37:
-Refer to Table 12-2. The marginal profit
Q38:
-Refer to Table 12-2. The marginal revenue
Q41: Which of the following describes a difference
Q43:
-Refer to Table 12-3. What is the
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