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    Exam 14: The Labour Market
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    The Addition to Total Production as a Result of Hiring
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The Addition to Total Production as a Result of Hiring

Question 24

Question 24

Multiple Choice

The addition to total production as a result of hiring one more employee is referred to as:


A) marginal product.
B) marginal cost.
C) marginal revenue.
D) marginal revenue product.

Correct Answer:

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