Define marginal product, state the behaviour of marginal product when only one input is increased and other inputs are held constant.

Define marginal product, state the behaviour of marginal product when

1.	Define marginal product, state the behaviour of marginal product when only one input is increased and other inputs are held constant.
Answer» Solution :Marginal PRODUCT is the addition to TOTAL product when one more unit of variable FACTOR is employed, keeping other factors constant. The law of diminishing returns to a factor states that Marginal Product of a factor initially rises with its employment level, but after a certain level of employment it STARTS falling and ultimately becomes NEGATIVE.