Benjamin jackson bought 100 shares of xyz two years ago at $10 per share. the stock paid a $0.50 dividend each year and he sold
1 answer:
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Answer:
The correct answer is marginal product.
Explanation:
The marginal product of labor is the change in the output or total product because of hiring an additional unit of labor. In other words, the amount that an additional worker adds to the revenue is its marginal product.
It can be expressed as,
The marginal product of labor depends on the quantity of capital and labor already employed.