Which of the following is the slope of the production function with respect to an input?

Question

Quizplus · Accepted Answer

The slope of the production function with respect to an input is measured by the marginal physical product of that input, which shows how much additional output is produced as one more unit of the input is added while holding the other inputs constant. Therefore, choice A is the correct answer. The average product of the input measures the output per unit of input, but it does not reflect the change in output as the input is increased. The unit cost of the input is not directly related to the slope of the production function.

Which of the Following Is the Slope of the Production