What is the most accurate description of the value of a worker to the firm?
A) the wage
B) the firm's total output when holding capital fixed
C) the firm's average product when holding capital fixed
D) the dollar value of the worker's output
E) the dollar value of the average worker's output

Question

Quizplus · Accepted Answer

The most accurate description of the value of a worker to the firm is the dollar value of the worker's output, as it directly relates to how much value the worker is adding to the firm in monetary terms.

What Is the Most Accurate Description of the Value of a Worker