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State the Behaviour of Marginal Product When Only One Input is Increased and Other Inputs Are Hold Constant. - Economics

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State the behaviour of marginal product when only one input is increased and other inputs are hold constant.

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Solution

When only one input is increased and other inputs are hold constant, the MP will be

Units of Variable Factor TP MP Change in the MP Curve
0 0   MP curve increases at an increasing rate till 3rd unit
1 4 4
2 12 8
3 24 12
4 32 8 MP curve continues to fall from 5th unit
5 34 2
6 30 -4 MP curve continues to fall and it becomes negative from 6th unit
Concept: Marginal Product
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