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8 Jul 2019
The marginal product curve of input Y shows:
a. how the quantity of output produced changes for each amount of input Y, whether or not all other inputs are held constant.
b. how the quantity of output produced changes for each amount of input Y, holding all other inputs constant.
c. how the average quantity of output produced varies with input Y, whether or not all other inputs are held constant.
d. how the average quantity of output produced varies with input Y, holding all other inputs constant.
The marginal product curve of input Y shows:
a. how the quantity of output produced changes for each amount of input Y, whether or not all other inputs are held constant.
b. how the quantity of output produced changes for each amount of input Y, holding all other inputs constant.
c. how the average quantity of output produced varies with input Y, whether or not all other inputs are held constant.
d. how the average quantity of output produced varies with input Y, holding all other inputs constant.
2 Jun 2021