Question
Marginal product is defined as (a) The productivity of acquiring an additional unit of capital. (b) The productivity of hiring an additional worker. (c) The
Marginal product is defined as
(a) The productivity of acquiring an additional unit of capital.
(b) The productivity of hiring an additional worker.
(c) The cost of producing an additional unit of output.
(d) Marginal product of labor multiplied by marginal revenue of output.
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The Business of Tourism Management
Authors: John Beech, Simon Chadwick
1st edition
273688013, 273688014, 9781405871631 , 978-0273688013
