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Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour1 Mark
MCQ
Which of the following equations is correct?
  • A
    $\text{MP}=\text{TPn}-\text{TPn}-2$
  • B
    $\text{MP}=\frac{\text{AP}}{\text{L}}$
  • C
    $\text{MP}=\frac{\text{TP}}{\text{L}}$
  • ✓
    $\text{MP}=\frac{\Delta\text{TP}}{\Delta\text{L}}$
✓

Answer

Correct option: D.
$\text{MP}=\frac{\Delta\text{TP}}{\Delta\text{L}}$

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