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प्रश्न
Total product can be calculated as ______.
विकल्प
∑AP
∑MP
MP × units of variable factor
none of these
MCQ
रिक्त स्थान भरें
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उत्तर
Total product can be calculated as `bbunderline(∑MP)`.
Explanation:
Total Product (TP) is the total quantity of output produced by a firm using a given quantity of a variable input, while keeping other inputs constant. It is the sum of Marginal Products (MP) of all units of a variable factor.
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