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What Is Meant by the Gross Marginal Productivity of an Investment

Question 76

Multiple Choice

What is meant by the gross marginal productivity of an investment?


A) It is the total addition to productivity contributed by capital investment.
B) It is the addition to total revenue from the sale of an extra unit of output.
C) It is the increase in production by proportionately increasing all inputs.
D) It is the increase in the average product from an extra unit of capital investment.

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