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    Exam 11: Output and Costs
  5. Question
    The Marginal Product of Labor Is the Change in Total
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The Marginal Product of Labor Is the Change in Total

Question 118

Question 118

Multiple Choice

The marginal product of labor is the change in total product from a one-unit increase in


A) the quantity of labor employed, holding the quantity of other inputs constant.
B) the quantity of capital employed, holding the quantity of labor constant.
C) both the quantity of labor and the quantity of other inputs employed.
D) the wage rate.

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