The Marginal Product of an Input Is Defined as the

question 140

Multiple Choice

The marginal product of an input is defined as the

• A) change in output.
• B) change in output divided by the change in input.
• C) change in input.
• D) total output divided by the total inputs.
• E) cost of the input.

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Definitions:

Genetically Manipulate

Genetically manipulate involves altering the genetic material of an organism in a laboratory setting to change its characteristics or functions.

Toxic Substances

Chemical compounds that can cause harm or damage to living organisms, the environment, or materials.

Unreasonable Risk

A hazard or danger that surpasses what is considered acceptable or safe under the circumstances.

National Priority List

A list in the United States under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) identifying hazardous waste sites eligible for long-term remedial action financed under the federal Superfund program.