If the inputs of all but one factor are held constant, then_________will vary with the quantity used of the variable factor.
A
Total Product
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B
Average Product
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C
Marginal Product
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D
All of the above
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Solution
The correct option is A Total Product
Marginal product refers to the change in production level or additional production which a firm produces for a unit change in the quantity of variable factor. It is the change in total production of the firm.
Therefore, total product will vary with the quantity change in the variable factor.