The marginal product of labour is:
A)the output of the least-skilled worker
B)the amount any given worker adds to the business's total output
C)a worker's output multiplied by the price at which each unit of output can be sold
D)the amount any given worker contributes to the business's total revenue
E)the output of the most-skilled worker

Question

Quizplus · Accepted Answer

The marginal product of labour is the additional output that is produced when one extra unit of labour is added while holding all other inputs constant. In other words, it is the amount any given worker adds to the business's total output.

The Marginal Product of Labour Is