Multiple Choice
The additional output that one additional input of labor is responsible for is its
A) marginal revenue product.
B) marginal physical product.
C) average revenue product.
D) average physical product.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q148: If the wage rate were $250,how many
Q149: More complementary resources would _ the productivity
Q150: Is the firm a perfect competitor or
Q151: The demand for a resource is influenced
Q152: If land and capital are complementary resources
Q154: If the wage rate were $420,how many
Q155: All other things staying the same,an increase
Q156: All of the following affect the demand
Q157: Marginal Revenue Product with three units of
Q158: A firm's demand schedule for labor services<br>A)is