The marginal product of labour tells us A. which employee is the most productive. B. the average output produced by each employee. C. the additional output produced by the last employee hired. D. how much money the firm can make from hiring each employee.

The marginal product of labour tells us A. which employee is the most productive. B. the average output produced by each employee. C. the additional output produced by the last employee hired. D. how much money the firm can make from hiring each employee.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter10: Financing And Producing Goods

Section: Chapter Questions

Problem 6AA

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Question

The marginal product of labour tells us
A. which employee is the most productive.
B. the average output produced by each employee.
C. the additional output produced by the last employee hired.
D. how much money the firm can make from hiring each employee.

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