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The marginal productivity of labour is:

Question:

The marginal productivity of labour is:

A.

the incremental output due to an increase in capital, ceteris paribus

B.

the incremental output due to an increase in labour, ceteris paribus.

C.

the incremental output due to a change in technology, ceteris paribus

D.

the incremental output due to a change in technology and a change in the

Answer» b. the incremental output due to an increase in labour, ceteris paribus.

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