If the marginal product of a worker is 10 units and each unit of the good is sold for $5, the value of marginal product of the worker is:

Suppose the stock of capital remains constant. By adding more labor, perhaps a second work shift, output

A) remains the same. B) decreases. C) increases. D) becomes more costly.

The production-based method of national accounting sums up:

A) the total revenue earned by all the firms in the economy. B) the value that is added by each domestic firm in the production process. C) the income earned by each factor of production for participating in the production process. D) the expenditure incurred by domestic and foreign economic agents on domestic products. Infi Cor