Question

Marginal physical product (MPP) where P=production, and X=input, is equal to

A ∆P/ ∆X Correct Answer Incorrect Answer
B ∆X/ ∆P Correct Answer Incorrect Answer
C P/X Correct Answer Incorrect Answer
D None of these Correct Answer Incorrect Answer

Solution

Marginal physical product (MPP) is the change in the level of output due to a change in the level of variable input

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