menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 12
  4. Exam
    Exam 6: The Supply Curve and the Behavior of Firms
  5. Question
    The Change in Total Output That Occurs with a One-Unit
Solved

The Change in Total Output That Occurs with a One-Unit

Question 48

Question 48

Multiple Choice

The change in total output that occurs with a one-unit change in labor is called the


A) average productivity of labor.
B) marginal product of labor.
C) total product of labor.
D) marginal benefit of labor.
E) marginal cost of labor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q43: Stock shares are issued by<br>A)sole proprietorships.<br>B)partnerships.<br>C)corporations.<br>D)nonprofit firms.<br>E)government

Q44: Why is an individual firm in a

Q45: For a competitive firm, profit maximization occurs

Q46: The reason the firm's supply curve slopes

Q47: Exhibit 6-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 6-5

Q49: Producer surplus is just an economist's technical

Q50: The main advantage of a corporation over

Q51: Exhibit 6-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 6-4

Q52: Exhibit 6-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 6-5

Q53: Exhibit 6-7 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 6-7

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines