The marginal product of labor curve shows the change in total product resulting from:

Related MCQs

• When both average and total product are greater than zero, and marginal product equals average product, then total product:
• Change in utility resulting from one unit change in consumption is called:
• When marginal product reaches its maximum, what can be said of total product?
• When average product is at a maximum, marginal product is
• The reason the marginal cost curve eventually increases as output increases for the typical firm is because:
• When the total product curve is falling, the:
• The total product curve may initially show output increasing at an increasing rate as more labour is hired because of the:
• The convexity of an indifference curve shows:
• A movement down the given demand curve shows:
• When Total Utility is maximum, Marginal Utility is :