Multiple Choice
Marginal product is
A) the change in total output from using an additional unit of one variable input, holding other inputs constant.
B) the change in total output from using an additional unit of all variable inputs.
C) the total output divided by the number of units of the variable input.
D) the change in total output divided by the number of units of the variable input, holding constant all other inputs.
Correct Answer:
Verified
Correct Answer:
Verified
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