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Author Question: MPLmultiplied by PXis the ________, where Ldenotes labor and Xdenotes output. (Read 38 times)

saliriagwu

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on: Apr 19, 2019

Question 1

In the product market, changes in technology affect the marginal ________ of a unit of output. In the labor market, changes in technology affect the marginal ________ of a unit of labor input.


◦ cost; cost
◦ revenue; revenue
◦ revenue product; cost
◦ cost; revenue product

Question 2

MPL multiplied by 
PX is the ________, where 
L denotes labor and 
X denotes output.


◦ cost of a marginal unit of labor
◦ value of labor's marginal product
◦ marginal revenue of a unit of output
◦ marginal cost of a unit of output
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by saliriagwu on Apr 19, 2019

jaaaaaaa

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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saliriagwu

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

ktidd

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Reply 3 on: Yesterday
Wow, this really help

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