If Marginal Product Is Decreasing,then It Must Be the Case

question 22

Multiple Choice

If marginal product is decreasing,then it must be the case that

• A)average product is decreasing.
• B)average product is greater than marginal product.
• C)average product is less than marginal product.
• D)both a and c
• E)none of the above.

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Definitions:

Social Community

A group of individuals who share common values, interests, or traditions and interact within a shared physical or virtual space.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing mannerisms, attitudes, and behavioral patterns.

Temperament

The term for the individual modes of responding to the environment that appear to be consistent across situations and stable over time. Temperament includes such characteristics as children’s activity level, their intensity of reaction, the ease with which they become upset, their characteristic responses to novelty, and their sociability.

Innate Propensities

Natural tendencies or inclinations that individuals are born with.