The amount of output produced with an additional unit of variable inpu

The amount of output produced with an additional unit of variable input is referred to as:

A) total product.
B) average variable product.
C) marginal product.
D) average fixed product.

 

ANSWER

C

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00