Value Marginal Product (VMP) Is

Multiple Choice

Value marginal product (VMP) is

A) a measure of additional revenue minus additional cost as a result of additional output.
B) the price of the product multiplied by the additional output resulting from an additional factor unit employed.
C) the marginal revenue of the product divided by the additional output resulting from an additional factor unit employed.
D) the value of an additional unit of product as measured in terms of additional factor cost.
E) the total value of the total output of a firm divided by the total quantity of output.