Which of the following equations is correct ........

Which of the following equations is correct ?

MP= TPn-TPn-2

MP=AP/L

MP=TP/L

MP=?TP/?L

- Option 1: MP = TPn - TPn-2

- This is incorrect for calculating marginal product (MP).

- MP is not defined as the difference between two non-consecutive total product (TP) values.

- Option 2: MP = AP/L

- This is incorrect.

- Average product (AP) divided by labor (L) does not give MP.

- Option 3: MP = TP/L

- This is incorrect.

- This formula calculates average product, not marginal product.

- Option 4: MP = ?TP/?L

- This is the correct definition of marginal product.

- MP is the change in total product (TP) divided by the change in labor input (L).

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