write full form of and its function:MPP,SPP
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Marginal physical product (MPP) is the change in the level of output due to a change in the level of variable input; restated, the MPP is the change in TPP for each unit of change in quantity of variable input.
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Full form of MPP and its function:
- "Marginal physical product" (MPP) is the change in the level of output due to a substitute in the level of variable input; restated.
- The MPP is the change in TPP for every unit of change in volume of variable input.
- "MPP (Massively Parallel Processing) is the match processing of a program by numerous processors that work on various chunk of the program, with each processor using its own operating system and memory.
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Define Marginal Physical Product?
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