Exhibit 7-12 -For the Total Product Curve in Exhibit 7-12, Marginal Product

question 164

Multiple Choice

Exhibit 7-12
-For the total product curve in Exhibit 7-12, marginal product begins to diminish at which point?

• A) a
• B) b
• C) c
• D) d
• E) marginal product does not diminish

---

Definitions:

Legislation

Laws enacted by a legislative body, such as parliament or congress, to govern a specific area of concern.

Binding

Creating a legal obligation or a contract that is enforceable in a court of law.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights with respect to services, products, or transactions.

Writing

The act or process of creating symbols such as letters or numbers on a surface to communicate or record information.