Marginal product of labour is the increase in total product that results from a
A)one-unit increase in the quantity of labour employed, other inputs remaining the same.
B)one-unit increase in the quantity of fixed inputs employed, holding the quantity of the variable inputs constant.
C)one-unit increase in both the quantity of variable and fixed inputs.
D)change in the cost of labour.
E)1 percent change in the quantity of labour and the quantity of capital employed.

Question

Quizplus · Accepted Answer

Marginal product of labour measures the change in total output as a result of a change in one unit of labour, while holding all other inputs constant. Therefore, option A is the correct answer.

Marginal Product of Labour Is the Increase in Total Product