New RBI Grade B 2025 Notification will come Soon! Enroll Here

    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

    Practice Next

    Relevant for Exams: