Which of the Following Statements Regarding the Marginal Product Curve

question 51

Multiple Choice

Which of the following statements regarding the marginal product curve is FALSE?

• A) Increasing marginal returns occur only when the total product increases as the number of workers increases.
• B) Increasing marginal returns is due to greater efficiency from specialization in the production process.
• C) The law of diminishing returns applies in the short run.
• D) Along the marginal product curve, increasing marginal returns occur first and then diminishing marginal returns.

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