Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

consider an economy in which the marginal product of labor is MPN = 309 - 2 N, where N is labor. the supply of labor is

Sagot :

jayilych4real

Factors of production are those things which ensures that production takes place and they include:

  • Land
  • Labor
  • Capital
  • Entrepreneurship

What is Marginal Product of Labor?

This refers to the change in output which comes as a result of an extra unit of labor in production.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

Read more about marginal product of labor here:
https://brainly.com/question/25672041

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.