The Property of Diminishing Marginal Product Means That, After a Point

question 149

Multiple Choice

The property of diminishing marginal product means that, after a point, when additional quantities of:

• A)a factor are added, output diminishes.
• B)both labor and capital are added, output diminishes.
• C)both labor and capital are added, the marginal product of labor diminishes.
• D)a factor are added when another factor remains fixed, the marginal product of that factor diminishes.

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Definitions:

Nociception

The sensory nervous system's response to potentially harmful stimuli, signaling pain to the brain.

Nociception

The sensory nervous system's response to certain harmful or potentially harmful stimuli.

Dull Pressure

A physical sensation often described in medical contexts as a consistent, moderate intensity force or weight felt in a particular area of the body.

Nociception

The sensory nervous system’s response to potentially harmful stimuli, leading to the perception of pain.