Question

10) Marginal product of labour is the increase in total product that results from a A) one-unit increase in the quantity of fixed inputs employed, holding the quantity of the variable inputs constant. B) 1 percent change in the quantity of labour and the quantity of capital employed. C) change in the cost of labour. D) one-unit increase in both the quantity of variable and fixed inputs. E) one-unit increase in the quantity of labour employed, other inputs remaining the same.