Marginal product of labor refers to the

Marginal product of labor refers to the: A. Last unit of output produced by labor at the end of each period B. Increase in output resulting from employing one more labor C. Total output divided by the number of labor employed D. Smallest unit of the output produced by labor

Answer

B) Increase in output resulting from employing one more labor The answer is B A. Last unit of output produced by labor at the end of each period

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