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When We Calculate the Marginal Physical Product of Labor, We

Question 108

Multiple Choice

When we calculate the marginal physical product of labor, we assume


A) all resources increase proportionately with the quantity of labor
B) all other resources are held constant (are unchanging)
C) output is fixed (unchanging)
D) the wage rate is fixed (unchanging)
E) the prices of all resources used in production are fixed (unchanging)

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