The marginal product of an input is defined as the change in output per unit of change in the input ...........

Economics (CUET) Theory of Production and Cost

The marginal product of an input is defined as the change in output per unit of change in the input, with all other inputs held constant.

3 and 4 only

1 only

2 and 3 only

None of the above

Marginal product measures change in output per unit change in input.

Option 1: Doesn't accurately reflect definition.

Option 2: Correct, represents the definition precisely.

Options 3 and 4: Do not accurately represent the concept.

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