The marginal physical product of labor is

A) The additional revenue received by the firm by selling the out of one additional worker.
B) The output which labor could produce without other factors of production.
C) The amount of extra output that is produced when one extra worker is added and other factors of production are held constant.
D) The amount of extra output that is produced when one worker is added and other factors of production are increased proportionally.


Answer: C

Economics

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