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quintile.<br />
B. Shares of income decrease as we move from the lowest quintile to the highest quintile.<br />
C. Shares of income increase as we move from the lowest quintile to the highest quintile.<br />
D. none of the above<br />
Question 30 of<br />
2.5/ 2.5 Points<br />
40<br />
The marginal product of labor is the __________ .<br />
A. change in labor necessary to produce an additional unit of output<br />
B. cost of additional labor necessary to produce an additional unit of<br />
output<br />
C. change in output resulting from adding an additional unit of labor<br />
D. change in revenue resulting from adding an additional unit of labor<br />
Question 31 of<br />
2.5/ 2.5 Points<br />
40<br />
The change in the quantity of labor demanded resulting from a change in the quantity produced<br />
of the product is known as the __________ effect.<br />
A. inputsubstitution<br />
B. price elasticity<br />
C. output<br />
D. derived demand<br />
Question 32 of<br />
2.5/ 2.5 Points<br />
40<br />
Which of the following is the most important reason for growing inequality in the income<br />
distribution in the United States?