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Which of the Following Best Describes the Value of the Marginal

Question 83

Multiple Choice

Which of the following best describes the value of the marginal product?


A) the change in total output generated by a unit change in the quantity of a factor
B) the change in total revenue generated by a unit change in the quantity of a factor
C) the change in marginal cost generated by a unit change in the quantity of a factor
D) the ratio of total revenue to the quantity of a factor employed

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