Diminishing Marginal Product Serves to Have What Effect on the Shape

question 35

Multiple Choice

Diminishing marginal product serves to have what effect on the shape of the production function?

• A)the slope of the production function increases as the units of input increases
• B)the production function decreases at a decreasing rate
• C)it becomes flatter as input usage increases
• D)all of the above

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Definitions:

Membrane

A selective barrier; it allows some things to pass through but stops others. Such membranes can be biological or synthetic.

Iris

The colored part of the eye surrounding the pupil that controls the amount of light entering the eye.

Opening

An aperture or gap that allows access, passage, or a view through something.

Light

A type of electromagnetic radiation that is visible to the human eye, responsible for the sense of sight.