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» <html><body><p></p>Solution :Marginal <a href="https://interviewquestions.tuteehub.com/tag/product-25523" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCT">PRODUCT</a> is the addition to <a href="https://interviewquestions.tuteehub.com/tag/total-711110" style="font-weight:bold;" target="_blank" title="Click to know more about TOTAL">TOTAL</a> product when one more unit of variable <a href="https://interviewquestions.tuteehub.com/tag/factor-458892" style="font-weight:bold;" target="_blank" title="Click to know more about FACTOR">FACTOR</a> is employed, keeping other factors constant.<br/>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 <a href="https://interviewquestions.tuteehub.com/tag/starts-1224822" style="font-weight:bold;" target="_blank" title="Click to know more about STARTS">STARTS</a> falling and ultimately becomes <a href="https://interviewquestions.tuteehub.com/tag/negative-570381" style="font-weight:bold;" target="_blank" title="Click to know more about NEGATIVE">NEGATIVE</a>.<br/></body></html>