The additional production yielded by the use of one extra un

The additional production yielded by the use of one extra unit of variable input is called:

The fixed product

The variable product •

The marginal product

The average product

Solution

The marginal product

the marginal product is defined as additional output produced when one extra unit of variable unit is used.

The additional production yielded by the use of one extra unit of variable input is called: The fixed product The variable product • The marginal product The av

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