menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 1
  4. Exam
    Exam 20: The Labor Market: Workers, Wages, and Unemployment
  5. Question
    The Value of the Marginal Product of Labor Equals the Marginal
Solved

The Value of the Marginal Product of Labor Equals the Marginal

Question 115

Question 115

Multiple Choice

The value of the marginal product of labor equals the marginal product of labor times the:


A) real wage.
B) nominal wage.
C) price of output.
D) quantity of labor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q110: The extra production gained by employing one

Q111: If the price of tables sold by

Q112: Which of the following is an example

Q113: Production data for Joe's Pizza Parlor

Q114: Based on the figure, if a union

Q116: In the United Sates, the average annual

Q117: Compared to the 1960 and 1973 period,

Q118: As a result of a war in

Q119: Structural unemployment is increased when workers can

Q120: Production data for Joe's Pizza Parlor

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines