What is the term that describes an increase in output added by the most recent unit of input?a. marginal utility
b. marginal supply
c. marginal demand
d. marginal product of labor

Answers

Answer 1

Answer: The correct answer is d. marginal product of labor. In economics, the marginal product of labor (MPL) refers to the change in output that is the result after employing an added unit of labor. The productivity theory says that profit maximizing will hire workers up to the point of wage rate and marginal revenue products are equal.

Related Questions

Why does developing the ability to understand what another person is going through decrease prejudice?
A duty is a task required of which citizens?A. all citizens B. citizens elected to office C. a minority of citizens D. a majority of citizens
Controlling doors and other entrances is an example of a measure taken to address:a. Criminal and terrorist threats. b. Workplace violence threats. c. Access and security control threats. d. Information and cyber threats.
Which Constitutional amendment was the focus of arguments in Brown v. Board of Education? (A.)the Fourteenth Amendmentb. the Fourth Amendment c. the First Amendment d. the Tenth Amendment
Why were houses constructed so closely together in early nucleated settlements?a. to maximize arable land b. to provide protection c. to allow neighbors to rely on each other d. to provide equal access to water sources

In 1890, the united states passed the sherman antitrust act. what was the purpose of the act?

Answers

Approved July 2, 1890, The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices. The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts

It was the first legislation passed to address oppressive business practices associated with cartels and monopolies.

The nomination of candidates for President is an example of the influence of which group or entity in the interpretation of the Constitution

Answers

In order to answer this question it is important to know who nominates the candidates for the President: it's the political parties.

Political parties are a group that influences the political life (but within the limits set by the constitution) by choosing the candidates.

The correct answer is " political parties"

Answer:

political parties

Explanation:

-gradpoint

What was Greenland's population in 2007? 24,000 56,000 137,000 215,000

Answers

the answer is the 2nd one! 56,000 :)

The total population in 2007 was just over 56,000. this is correct i have searched it up to make sure

hope this helps

Assume that production from an electric utility caused acid rain. If the government imposed a tax on the utility equal to the cost of the acid rain, the government's action would be an example of a. supply side economic policy.
b. internalize the externality.
c. externalize the externality.
d. result in a marginal social benefit greater than the marginal cost of the electricity.

Answers

Answer:

b. internalize the externality.

Explanation:

Externality is a microeconomic concept that aims to explain the positive or negative impact that an economic activity has on third parties. If by exercising an economic activity, a company indirectly benefits society or community, the externality is positive. If economic activity negatively impacts the surrounding community, externality is said to be negative.

For example, acid rain caused by energy concersionary is a negative externality as it affects the whole of society. Thus, the tax acts as a way of forcing the adversary to internalize this externality, that is, the company will bear the pollution emitted in the form of a cost. Thus, the company is expected to take steps to minimize the impact of acid rain on society as a whole.

Many ancient civilizations believed that dreams were __________.

Answers

Dreams, according to psychologists and psychoanalysts, images and visions that emerge from the subconscious and experienced during sleep. Dreams in ancient cultures played an important role because they were considered messages from the spiritual world. In such civilizations, substances as possible announcements of events that will happen, have a significant effect on the shaping of behavior and cultural patterns. For this purpose, dream interpreters, as well as prophets, were tasked with, so that messages from the spiritual world could be revealed with certainty.

ancient civilizations believed that dreams where the future

The primary measure of a country’s development isa. average income.
b. average life expectancy.
c. per capita gross domestic product.
d. percentage of the population with a college degree. Please select the best answer from the choices provided A B C D

Answers

The answer is C. The primary measure of a country's development is its per capita gross domestic product (GDP). It is the value of all finished products and services within a country for a specific period in terms of money. GDP includes all industries from the private to the public sector, investments, imports and the exports. It measures a nation's economic activity.

Answer:

c. per capita gross domestic product.

Explanation:

grad point

Other Questions

In a dynastic rule,why is it important for rulers to persuade their subjects that their rule is lawful

Which of the following best describes the changes brought to world populations as a result of the European colonization of the Americas? A. The African population nearly doubled, the European population dropped greatly, and millions of Native Americans were sent to Europe as slaves. B. The European population nearly doubled, the Native American population dropped greatly, and millions of Africans were sent to the Americas as slaves. C. The African population nearly doubled, the Native American population dropped greatly, and millions of Europeans were sent to the Americas as slaves. D. The Native American population nearly doubled, the African population dropped greatly, and millions of Europeans were sent to Africa.

A form of community release that occurs only after an offender has served time in prison isa. reprieve. c. pardon. b. parole. d. probation.

Why do some women in Islam wear veils over their faces in public?