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  3. Study Set
    Foundations of Macroeconomics
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    Exam 14: Production and Cost
  5. Question
    The Marginal Product of Labor Equals the Change in ________
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The Marginal Product of Labor Equals the Change in ________

Question 257

Question 257

Multiple Choice

The marginal product of labor equals the change in ________ from a one-unit increase in the quantity of labor.


A) total product
B) average product
C) total cost
D) the slope of the average product curve
E) the wage rate

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