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CBSE Class 12-commerce Answered

Define Marginal Product.
Asked by Topperlearning User | 25 Apr, 2016, 02:20: PM
answered-by-expert Expert Answer

Marginal Product (MP) is the additional output attributed to an additional unit of the variable factor; other factors remaining constant.

Answered by | 25 Apr, 2016, 04:20: PM
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