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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

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