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. The marginal revenue product of labor is A) the additional revenue a firm earns by employing one additional unit of labor. B) the additional profit a firm earns by employing one additional unit of labor. C) the marginal product of capital times the price of labor. D) the additional revenue the firm makes by selling one unit of labor.

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User Dawez
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Answer:

The correct answer is A) the additional revenue a firm earns by employing one additional unit of labor.

Step-by-step explanation:

The marginal product of labor is the additional product that is obtained when the amount of labor used is increased by one unit. The marginal product is the variation that PT experiences when using an additional unit of factor.

In the specific case of human capital, we talk about marginal labor productivity. Marginal productivity is an input to determine marginal income.

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User Denis Kosov
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