How Does Diminishing Marginal Product Affect the Shape of the Production

question 104

Multiple Choice

How does diminishing marginal product affect the shape of the production function?

• A) The slope of the production function increases as the quantity of input increases.
• B) The slope of the production function becomes more positive with diminishing marginal product.
• C) The slope of the production function becomes horizontal once diminishing marginal product is achieved.
• D) The slope of the production function decreases as the quantity of input increases.
• E) The slope of the production function is not affected by diminishing marginal product.

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