For a Short-Run Production Function in Which Output Is Determined

question 29

Multiple Choice

For a short-run production function in which output is determined by the number of workers utilized (capital stock held constant) ,which of the following is FALSE?

• A)In general,when there are few workers the marginal product of labor will be increasing.
• B)When the marginal product of labor is negative,total product is falling.
• C)To determine the marginal product of labor,the capital stock must be held constant.
• D)When diminishing returns set in,adding one more worker decreases output.
• E)none of the above

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