The Marginal Product of Any Input Is the

question 114

Multiple Choice

The marginal product of any input is the

• A)increase in total cost associated with a one-unit increase in production.
• B)change in total output associated with a $1.00 increase in total cost.
• C)increase in total cost resulting from the hiring of an additional worker.
• D)increase in total output obtained from one additional unit of that input.

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Definitions:

Label

A small piece of text or graphics used to describe or identify parts of a user interface or printed document.

Form Design View

A feature within database and form-building software that allows users to visually create and customize the layout and fields of a form.

Shape Fill

A feature in graphic design and office software that allows users to fill shapes with colors, patterns, or textures.

Shape Outline

In graphic design and desktop publishing, the external border or edge definition of a shape, which can be formatted with various styles, colors, and thicknesses.