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The marginal income associated with a unit of input is found by

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The marginal income associated with a unit of input is found by

The marginal income associated with a unit of input is found by
A) multiplying the additional output produced by the unit of input and the additional revenue generated per unit of physical output.
B) dividing total income generated by the number of units of output produced.
C) multiplying the price that the good sells for by the additional revenue generated per unit of physical output.
D) dividing the change in output produced by the change in units of the input employed.

Textbook

Modern Labor Economics: Theory and Public Policy

Edition: 12^th

Authors: Ehrenberg, Smith

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