alleryStart learning →Marginal cost can be written as which expression using labor?
AWage divided by marginal product of labor
BMarginal product divided by the wage
CWage multiplied by hours of labor
DTotal product divided by labor
Answer & Solution
Correct answer: A. Wage divided by marginal product of labor
Each extra worker costs the wage and adds MPL units of output, so the cost per extra unit is wage divided by MPL.
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