When a Production Function Exhibits a Diminishing,but Positive,marginal Product of Labour,which

question 161

Multiple Choice

When a production function exhibits a diminishing,but positive,marginal product of labour,which scenario results

• A)Profit generally increases as output increases.
• B)Profit generally remains constant as output increases.
• C)Output declines as more workers are employed.
• D)Output increases, but at a decreasing rate, as more workers are employed.

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