Marginal product is-
A. Addition to total product by increase in additional units of all inputs
B. Change in total product caused by a fall in additional units of all inputs
C. ≅QO/≅N where II stands for change, TQ stands for total products and N stands for units of a single variable input.
D. ≅N/≅TQ
Answer:C
Marginal product is-
A. Addition to total product by increase in additional units of all inputs B. Change in total product caused by a fall in additional units of all inputs C. ≅QO/≅N where II stands for change, TQ stands for total products and N stands for units of a single variable input. D. ≅N/≅TQ