Because Marginal Product Decreases as Input Is Increased

question 18

Multiple Choice

Because marginal product decreases as input is increased,

• A)nothing is implied about how much input is required to produce one more unit of output.
• B)it takes decreasing amounts of input to produce one more unit of output.
• C)it takes increasing amounts of input to produce one more unit of output.
• D)the amount of input it takes to produce one more unit of output does not change.
• E)it takes zero input to produce one more unit of output.

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Definitions:

N = 20

Denotes a sample size of 20 in statistical terms, referring to the number of subjects or units in a study or experiment.

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