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The additional production yielded by the use of one extra unit of variable input is called:
The fixed product
The variable product •
The marginal product
The average product
Solution
The marginal product
the marginal product is defined as additional output produced when one extra unit of variable
unit is used.

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  • 1. The additional production yielded by the use of one extra unit of variable input is called: The fixed product The variable product • The marginal product The average product Solution The marginal product the marginal product is defined as additional output produced when one extra unit of variable unit is used.