The increase in output obtained by hiring an additional worker is known as:
A) the average product.
B) the marginal product.
C) the total product.
D) value added.
Correct Answer:
Verified
Q36: The difference between economic profit and accounting
Q37: In the short run:
A) some inputs are
Q38: A regional airline owns 10 aircraft and
Q39: Rachel left her job as a graphic
Q40: Which of the following is an example
Q42: Total output per worker is also called:
A)
Q43: Refer to the graph shown.
Q44: Refer to the table shown. The
Q45: Refer to the table shown. If
Q46: Refer to the table shown. If
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents