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Other Fields Homework Help Economics Topic started by: Tragamin on Dec 29, 2017



Title: The marginal revenue product of labour is the revenue:
Post by: Tragamin on Dec 29, 2017
The marginal revenue product of labour is the revenue
A) generated from selling an additional unit of output.
B) needed to hire an additional unit of labour.
C) generated by employing an additional unit of labour.
D) needed to cover the cost of producing an additional unit of output.
E) generated to cover the cost of hiring an additional unit of labour.


Title: Re: The marginal revenue product of labour is the revenue
Post by: holyman on Dec 29, 2017
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