Marginal product is
A. | What is left to the entrepreneur after he has paid all his expenses |
B. | The extra output obtained from employing an additional unit of a factor |
C. | What is produced when all factors of production are employed at optimum efficiency |
D. | Annual output of the most efficient firm in the industry |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |