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    Principles of Microeconomics
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    Exam 15: Wage Rates in Competitive Labor Markets
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    The Change in Total Revenue Divided by the Change in Quantity
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The Change in Total Revenue Divided by the Change in Quantity

Question 126

Question 126

Multiple Choice

The change in total revenue divided by the change in quantity of labor employed is the


A) marginal physical product of labor
B) marginal revenue product of labor
C) price of the output
D) demand for the output
E) wage rate

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