How is the marginal product of labor determined?

A. by averaging the increase in units of input

B. by subtracting the increase in input from the increase in output

C. by dividing the decrease in input by the increase in output

D. by finding the increase in output added by the last unit of input

Question

Blanchard

17 May, 16:00

+3

Answers (2)

Know the Answer?

Kiley Compton · Answer 1

I think the answer is d

Puck · Answer 2

It b I think but I could be wrong

How is the marginal product of labor determined?A. by averaging the increase in units of inputB. by subtracting the increase in input from the increase in outputC. by dividing the decrease in input by the increase in outputD. by finding the increase in output added by the last unit of input