What is the marginal product of labour?
Marginal product of labour is the increase in total product that results from

Question

What is the marginal product of labour? 
 Marginal product of labour is the increase in total product that results from

Answer

a change in the total cost of labour.

Answer

a one-unit increase in the quantity of labour employed, other inputs remaining the same.

Answer

a one-unit increase in the quantity of fixed inputs employed, holding the quantity of labour constant.

Answer

a one-unit increase in total product.

Answer

a one-dollar increase in the cost of labour.

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