Answer-Marginal product is

Marginal product refers to the change in production level or additional production which a firm produces for a unit change in the quantity of variable factor.

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Question

Marginal product

A Addition made to total production by the use of an additional input

B Average production per unit of input use

C Total addition to the production by addition input use

D All of these

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Relevant for Exams:

MSc Agriculture (Various States)

Marginal product

Solution

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