Question

............... of an input is defined as the change in output per unit of change in the input when all other inputs remain constant.

• A. Marginal Product
• B. Average Product
• C. Total Product
• D. Returns to Scale

Hint:

Remember: - MP = extra output from one more unit of input. - AP = average output per unit. - TP = overall output.

Answer 1

The Correct Option is A

Step 1: Recall definitions.
- Marginal Product (MP): Additional output generated by using one more unit of input, keeping others constant.
- Average Product (AP): Output per unit of input.
- Total Product (TP): Total output produced by all inputs.
- Returns to Scale: Relationship between proportional increase in inputs and resulting output.
Step 2: Apply to question.
The definition matches exactly with Marginal Product.
Final Answer: \[ \boxed{\text{Marginal Product}} \]