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All of the following will cause the value of the marginal product of labor to increase,EXCEPT:

Question:

All of the following will cause the value of the marginal product of labor to increase,EXCEPT:

A.

an increase in the price of the good sold by the firm

B.

a new production technology is developed and implemented by the firm

C.

an increase in the number of workers employed by the firm

D.

an increase in the quantity of other factors of production used by the firm

Answer» c. an increase in the number of workers employed by the firm

Note: The above multiple-choice question is for all general and Competitive Exams in India