Refer to the Graph, Where TP = Total Product and L

question 317

Multiple Choice

Refer to the graph, where TP = total product and L = labor input. The marginal product of labor (MP)

• A)is constant at all levels of L.
• B)increases at an increasing rate as L increases.
• C)decreases as the labor input L increases.
• D)increases at a decreasing rate as L increases.

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