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MMLU-Pro / 7070 / What is meant by the marginal product of aproductive factor?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

What is meant by the marginal product of aproductive factor?

category

economics

options

  1. The total output produced by a single unit of a factor
  2. The increase in total cost when one more unit of a factor is employed, holding all other factors constant
  3. The cost of producing an additional unit of output
  4. The amount by which total output increases due to the addition of one unit of a given factor while the amount used of other factors of production remains unchanged
  5. The revenue generated from selling the output produced by an additional unit of a factor
  6. The ratio of total output to the number of units of a factor used
  7. The added value of a unit of output
  8. The average output produced by all units of a factor
  9. The decrease in total output when one unit of a factor is removed
  10. The profit earned from the production of one more unit of output using an additional unit of a factor

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7070
task_id
3090bc7d-8e77-579e-947a-5f198d79489a
task_key
default--test--7070
task_revision_id
1
config / split
default / test

Official source

initial import