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With L Representing the Quantity of Labour, Which of the Following

Question 12

Multiple Choice

With L representing the quantity of labour, which of the following is the formula for the marginal physical productivity of labour?


A) TPP/L
B) Change in L/Change in TPP
C) L/TPP
D) Change in TPP/Change in L
E) Change in TPP/L

Correct Answer:

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