Question: Question content area top Part 1 How is the value of marginal product calculated? Question content area bottom Part 1 The value of marginal product
Question content area top
Part
How is the value of marginal product calculated?
Question content area bottom
Part
The value of marginal product equals
A
the price of a unit of output multiplied by the marginal product of the factor of production
B
the change in total product divided by the change in labor
C
marginal product divided by marginal revenue
D
marginal revenue divided by marginal product
Part
If the price of an ice cream cone is $ and a worker in an ice cream shop can scoop cones an hour, what is the worker's value of marginal product?
The worker's value of marginal product is
$enter your response here
an hour.
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