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The Expression Given Below Explains A)Product Hill
B)Marginal Product of Labor
C)Non-Marginal Product
D)Total Product

Question 42

Multiple Choice

The expression given below explains:  MPL = change in quantity of output Q change in quantity of labor LK is held constant =ΔQΔLK is held constant \begin{array} { l } \text { MPL } = \frac { \text { change in quantity of output } Q } { \text { change in quantity of labor } L } \mid K \text { is held constant } \\= \frac { \Delta Q } { \Delta L } \mid K \text { is held constant }\end{array}


A) Product hill
B) Marginal product of labor
C) Non-marginal product
D) Total product

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