Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

The value of the marginal product of any input is equal to the marginal product of that input multiplied by the
a. wage.
b. marginal cost of the output.
c. change in total profit.
d. market price of the output.

Sagot :

ayfat23

The value of the marginal product of any input is equal to the marginal product of that input multiplied by the d. market price of the output.

What is marginal product?

The marginal product of an input,  can be described as the extra output that results from adding one unit of the input to the existing combination of productive factors.

It should be nopted that the marginal product or marginal physical productivity of an input serves as the change in output resulting from employing one more unit of a particular input.

Therefore, option D is correct.

Learn more about price at:

https://brainly.com/question/19104371

#SPJ1

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.