What is the relationship between total product and marginal product?

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07-06-2022
Social Studies

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What is the relationship between total product and marginal product?

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kristiangela0412 kristiangela0412 · Answer 1 · 2022-06-07T02:40:41-04:00

kristiangela0412 kristiangela0412

07-06-2022

Total product is simply the output that is produced by all of the employed workers. Marginal product is the additional output that is generated by an additional worker.

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