Illustrtae the marginal product of labor

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Question about The marginal product of labor

The marginal product of labor

a. measures how output changes as the wage rate changes

b. is equal to the average product of labor divided by the amount of capital stock

c. is greater than the average product of labor when the average product of labor is decreasing

d. can be negative

e. a and b

Reference no: EM1329937

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