Another term for the total quantity of output is
A) average product.
B) marginal product.
C) total product.
D) average variable product.

Question

Quizplus · Accepted Answer

The total quantity of output is referred to as total product. Average product refers to the output per unit of input while marginal product refers to the increase in output by employing an additional unit of input. Average variable product is calculated by dividing the total product by the variable input.

Another Term for the Total Quantity of Output Is