Post Utme Aaua 2023 Commerce Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Aaua Commerce examination.

Post Utme Aaua 2023 Commerce Objective / Multiple Choice
Question 40 POST_UTME_AAUA • 2023 • COMMERCE • objective

The ______ of a firm's production function is the rate at which output changes when one input is changed, while holding all other inputs constant.

Answer Options

Correct Answer A. marginal product
B. marginal revenue product
C. marginal cost
D. marginal utility
Correct Answer
A
Correct Option:
marginal product

About This Question

This is Post Utme Aaua 2023 Commerce Question 40. It is one of the objective questions from the 2023 Post Utme Aaua Commerce examination.

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