The downward sloping marginal revenue product of labor is
A) the firm's supply of labor.
B) the firm's short-run demand for labor.
C) the firm's marginal cost of labor.
D) another term for the marginal revenue product of labor.
B
Economics
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The interest rate on unsecured loans between banks is called the
A) discount rate. B) repurchase rate. C) T-bill rate. D) federal funds rate.
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How do we measure economic growth?
A. increases in the price level, as indicated by the GDP chain price index B. increases in nominal GDP C. increases in real GDP D. increases in the labor force
Economics