Business, 24.04.2020 03:28, CameronVand21

The marginal product of labor is the:

1.cost of additional labor necessary to produce an additional unit of output.
2.change in revenue resulting from adding an additional unit of labor.
3.change in labor necessary to produce an additional unit of output.
4.change in output resulting from adding an additional unit of labor.

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The marginal product of labor is the:

1.cost of additional labor necessary to produce an...