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Question #47865

The marginal revenue product of labour is ?

Options:

A) the marginal product of capital times the price of labour.

B) the additional revenue a firm earns by employing on additional unit of labour

C) the additional profit a firms earns by employing one additional unit of labour

D) the additional revenue the firm makes by selling one unit of labour.

Answer: The marginal revenue product of labour is the additional revenue the firm makes by selling one unit of labour..

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