Assume a Snowboard Company Is at a Point in Production

question 136

Multiple Choice

Assume a snowboard company is at a point in production at which marginal product is below average product. Which of the following must be true?

• A)Diminishing marginal product must have set in.
• B)Marginal product must be falling.
• C)Average product must be falling.
• D)All of these are correct.

---

Definitions:

Cobalt

A chemical element with symbol Co and atomic number 27, used in alloys, batteries, and as a blue pigment for glass and ceramics.

Bromine

A chemical element with symbol Br and atomic number 35, known for its reddish-brown color and use in various compounds.

Boron

A metalloid element with atomic number 5, used in borosilicate glass, fiberglass, and as a dopant in semiconductors, displaying properties of both metals and non-metals.

Bismuth

A chemical element with the symbol Bi, known for its crystalline structure and various applications including cosmetics and pharmaceuticals.