Economy, asked by nakul8972, 10 months ago

Describe the relationship between the marginal production and total production of an input.

Answers

Answered by LittleNaughtyBOY
3

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☆ It states that when only one variable factor input is allowed to increase and all other inputs are kept constant, the following can be observed

☆ When the Marginal Product (MP) increases, the Total Product is also increasing at an increasing rate.

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