Asked by Kendra Grady on Jun 27, 2024

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​Marginal productivity is

A) ​The total output associated with total inputs
B) The total output associated with extra inputs
C) The extra output associated with total inputs
D) ​The extra output associated with extra inputs

Marginal Productivity

Marginal productivity is the additional output that is produced by using one more unit of a certain input, assuming that all other inputs remain constant.

Total Output

The complete quantity of goods or services produced by a company, sector, or economy within a given period.

Extra Inputs

Additional resources or factors of production, such as labor or materials, that are used to increase output or efficiency.

  • Acquire knowledge about the declining marginal productivity law and its repercussions on production outcomes.
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Verified Answer

DY
Denae YeppezJun 27, 2024
Final Answer :
D
Explanation :
Marginal productivity refers to the extra output that is gained by adding additional inputs. Therefore, the best choice is D, which states that marginal productivity is the extra output associated with extra inputs.