मराठी

Define marginal product. - Economics

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प्रश्न

Define marginal product.

Define marginal physical product (MPP).

व्याख्या
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उत्तर

Marginal product or marginal physical product is defined as the change in total product resulting from the use of one additional unit of a variable factor with a given quantity of fixed factor. It is also called ‘marginal returns’.

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