Multiple Choice
The value of the marginal product is the:
A) change in total output resulting from a unit change in the quantity of a factor.
B) change in total revenue resulting from a unit change in the quantity of a factor.
C) change in total cost resulting from a unit change in the quantity of a factor.
D) ratio of total revenue to the quantity of a factor employed.
Correct Answer:

Verified
Correct Answer:
Verified
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