The Marginal Product of a Variable Input Is Calculated As

question 79

Multiple Choice

The marginal product of a variable input is calculated as:

• A)the change in total product divided by the change in output.
• B)total product divided by the change in the variable input.
• C)the change in total product divided by the change in the variable input.
• D)total product divided by the total quantity of the variable input.

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Definitions:

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Hard Work

The substantial effort and perseverance applied toward achieving goals, characterized by diligence and commitment.

Directs Behaviour

The influence or guidance on individuals' actions towards specific objectives or standards within a given context.

Keeps At It

Persistence and continued effort towards achieving a goal or completing a task.