At That Amount of Output Where Diminishing Marginal Returns First

question 7

Multiple Choice

At that amount of output where diminishing marginal returns first sets in,

• A)average product begins to decrease.
• B)total product begins to decrease.
• C)marginal cost begins to decrease.
• D)marginal product begins to decrease.
• E)All of the above.

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Definitions:

Assumption

A thing that is accepted as true or as certain to happen, without proof.

Justification

A reason or argument that explains why a particular action, belief, or statement is reasonable or necessary.

Premise

A prior assertion or claim from which another conclusion is drawn or follows logically.

Simp

Slang for someone who demonstrates excessive sympathy or attention towards another person, often without reciprocation.