When the quantity of a variable input is increased from 3 units to 4 units the total output increases from 70 units to 85 units the marginal product of the variable input is 15 units? True/False
When the quantity of a variable input is increased from 3 units to 4 units the total output increases from 70 units to 85 units the marginal product of the variable input is 15 units? True/False
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 2SQ
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When the quantity of a variable input is increased from 3 units to 4 units the total output increases from 70 units to 85 units the marginal product of the variable input is 15 units?
True/False
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