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The Marginal Product of Labour Can Be Defined as (Where Δ\Delta

Question 33

Multiple Choice

The marginal product of labour can be defined as (where Δ\Delta denotes 'change') :


A) Δ\Delta output/ Δ\Delta labour
B) Δ\Delta labour/ Δ\Delta output
C) Δ\Delta profit/ Δ\Delta labour
D) Δ\Delta abour/ Δ\Delta total cost

Correct Answer:

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