The change in output per unit of change

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Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:

The change in output per unit of change in the input when all other inputs are held constant, is termed as ____.

Options:

Total Product.

Marginal Product.

Average Product.

Marginal Utility.

Correct Answer:

Marginal Product.

Explanation:

The correct answer is Option (2) → Marginal Product.

Marginal Product refers to the change in output resulting from a one-unit change in the input, while keeping all other inputs constant.