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1.6 The labour market (A-level only)

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Question 18

The marginal physical product of labour is defined as the

total output produced by the workforce divided by the number of workers employed.

change in total revenue resulting from the sale of the output produced by an additional worker.

change in total output resulting from the employment of one additional unit of labour.

addition to total cost resulting from employing one more unit of labour.

1.6 The labour market (A-level only) Questions

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  3. /1.6 The labour market (A-level only)