The value of marginal product of labor is the change in A) ...

[altibaby]

The value of marginal product of labor is the change in
 
  A) profit from hiring one more worker.
  B) output from hiring one more worker.
  C) total revenue from hiring one more worker.
  D) profit from producing one more unit of output.

Question 2

In the above figure, suppose that the government sets a limit that may be produced of 10 units of output and the price rises to 4. The total deadweight loss would be
 
  A) 0.
  B) 10.
  C) 15.
  D) 20.

[welcom1000]

Answer to Question 1

C

Answer to Question 2

B