Current Affairs

GK MCQs Section
Q. __ of an input is defined as the change in output per unit of change in input when all other inputs are constant.
Answer: Average product
Notes: Average product is the total product or output divided by the number of input units. In contrast, marginal product is the change in output that occurs when one more unit of input is added.

This Question is Also Available in:

हिन्दी
This question has been sourced from GKToday's "40000+ GK / General Studies MCQs for SSC & State PCS Exams" App Exclusive Course in GKToday Android Application which provides more than 40K General Knowledge and General Studies questions with explanations asked in all Competitive Exams of India.
📌 Question Number: 186 in 1. Important Concepts in Micro & Macroeconomics in the above course in App.