How is the marginal product of a variable input described? - ProProfs Discuss
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How is the marginal product of a variable input described?



1. Total product divided by the number of units of variable input.
B. The additional output resulting from a one unit increase in the variable input.
C. The additional output resulting from a one unit increase in both the variable and fixed inputs
D. The ratio of the amount of the variable input that is being used to the amount of the fixed input that is being used.

This question is part of Theory Of Production And Cost
Asked by Sweetsalman, Last updated: Jun 30, 2020

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1 Answer

John Smith

John Smith

Answered Mar 10, 2017

The additional output resulting from a one unit increase in the variable input.
 

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