Economy, asked by abby30, 1 year ago

How is the marginal product found using the formula?​

Answers

Answered by divyanshu2698
3

Calculations of Marginal Product. The formula for marginal product is that it equals the change in the total number of units produced divided by the change in a single variable input. For example, assume a production line makes 100 toy cars in an hour and the company adds a new machine to the line.


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