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Marginal Product

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Q: What is extra output generated by one more unit of variable input?
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What is the input variable called in algebra?

the input variable is called the independent variable and the output variable is called the dependent variable.


How does a change in the value of an input variable affect the value of an output variable?

The change in the input value is equalto the change in the output value.


Is Y the input in the line graph?

Usually x (independent) variable is the input and y (dependent variable) is the output.


Is X the input in the line graph?

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Describe how you can tell by looking at the graph of a function with variable is the input variable and which is the output variable?

You cannot.


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Do the dependent variable act as the input of a function and the independent variable act as the output of the function?

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It is false. ... .of yhe value of the nation`s output and the value of the income generated bybthe production of that output.


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