Marginal Product Is

question 91

Multiple Choice

Marginal product is

• A) the change in total output from using an additional unit of one variable input, holding other inputs constant.
• B) the change in total output from using an additional unit of all variable inputs.
• C) the total output divided by the number of units of the variable input.
• D) the change in total output divided by the number of units of the variable input, holding constant all other inputs.

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Definitions:

Phobias

Intense, irrational fears of specific objects or situations that pose little or no actual danger.

Rituals

A sequence of activities involving gestures, words, and objects, performed in a sequestered place, and designed to influence preternatural entities or forces on behalf of the participants' goals and interests.

Obsession

An uncontrollable and persistent thought, idea, or feeling that dominates a person's mind.

Ritual

A set of fixed actions and sometimes words performed regularly, especially as part of a ceremony.