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The Value of the Marginal Product of Labour Is the

Question 53

Multiple Choice

The value of the marginal product of labour is the


A) price of the output times the wage of labour.
B) price of the output times the marginal product of labour.
C) value of the output of all units of labour employed.
D) wage of labour times the quantity of labour.
E) wage of labour times the marginal product of labour.

Correct Answer:

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