Waec 2021 Economics Question 17

Practice objective / multiple choice question 17 from the 2021 Waec Economics examination.

Waec 2021 Economics Objective / Multiple Choice 2 Difficulty
Question 17 WAEC • 2021 • ECONOMICS • objective

The output of an extra unit of an input is referred to as

Answer Options

A. output of the input.
Correct Answer B. marginal product of the input.
C. average product of the input.
D. utility of the input employed.
Correct Answer
B
Correct Option:
marginal product of the input.

About This Question

This is Waec 2021 Economics Question 17. It is one of the objective questions from the 2021 Waec Economics examination.

Difficulty level: 2 .

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