1: Define Marginal Physical Product.
Answers
Answered by
0
Marginal product, also called marginal physical product, is the change in total output as one additional unit of input is added to production
Answered by
4
hey!
Marginal Physical Product is the change in output produced by employing one additional unit of the variable input. It can be calculated as:-
- MPPn = (Δ TPP)/(Δ Units of variable input) or MPPn = TPPn ‒ TPPn-1
______________________________________
hope help u!!
Similar questions