What is marginal product of labour?

What will be an ideal response?


The marginal product of labour is the additional output associated with the employment of one additional human resources unit, with other production factors held constant.

Business

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When shopping on the Internet, most consumers assume their personal information is confidential. Subscribers to America Online (AOL) were upset when AOL proposed giving member information to its partners without telling them. This is related most directly to consumers' right to

A. be informed. B. be heard. C. safety. D. happiness. E. be treated courteously.

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Effective communication happens when one transmits relevant meaning to one's audience.

Answer the following statement true (T) or false (F)

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Which of the following best describes corporate bonds?

A. Short-term debt financing B. Bank account C. Long-term equity financing D. Long-term debt financing E. Short-term equity financing

Business

Which of the following methods suggests that people hold firmly to some belief because it is consistent with their own observations?

A. method of authority B. method of experience C. method of behavior D. method of intuition E. method of science

Business