VAE-0035
QUESTION
Additional milk obtained by feeding an additional unit of feed to a cow is known as?
OPTIONS
(A) Average product
(B) Total product
(C) Marginal product
(D) None of the above
ANSWER
(C) Marginal product
EXPLANATION
Marginal product is the additional output obtained by using one additional unit of a variable input while other relevant inputs are held constant. Thus, the extra milk obtained from feeding an additional unit of feed represents marginal product, not total product or average product. Therefore, option (C), marginal product, is correct.
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Veterinary and Animal Husbandry Extension Education · 104 Questions
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