Question

Define Marginal Physical Product?

Answer 1

Marginal physical product - AmosWEB is Economics: Encyclonomic .Marginal physical product is the extra output generated by an extra input. Marginal physical product usually goes by the shorter name marginal product. If, for example, the marginal physical product of labor is 25 tacos, then this means that employing the last worker causes total product to increase by 25 tacos.

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