Multiple Choice
The marginal product of labour is the
A) maximum output attainable with fixed factors of production when labour is the only variable factor of production.
B) change in output resulting from a one- unit increase in labour with all other inputs remaining the same.
C) output level above which the rate of total product per unit of labour falls.
D) output level above which the slope of the total product curve falls.
Correct Answer:

Verified
Correct Answer:
Verified
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