Marginal product is represented by:
A)the x-axis of the total production curve.
B)total product minus total cost.
C)the slope of the total production curve.
D)total revenue minus total cost.

Question

Quizplus · Accepted Answer

Marginal product is defined as the change in output resulting from employing one more unit of a particular input, which is mathematically represented by the slope of the total production curve.

Marginal Product Is Represented By