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    Macroeconomics Study Set 8
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    Exam 3: Productivity, output, and Employment
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    The Marginal Product of Labour
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The Marginal Product of Labour

Question 2

Question 2

Multiple Choice

The marginal product of labour


A) is measured by the slope of the production function relating capital to employment.
B) is larger when the labour supply is relatively larger.
C) is smaller when the labour supply is relatively smaller.
D) decreases as the number of workers already employed increases.

Correct Answer:

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