Question

Total product is _____ of marginal product: *​

Answer 1

Explanation:

It is output per unit of inputs of variable factors. Average Product (AP)= Total Product (TP)/ Labour (L). It denotes the addition of variable factor to total product. Thus, Marginal product= Changed output/ changed input

Answer 2

Explanation:

Its output per unit of input variable factors

And

Marginal product = Changed output/ changed input

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