Table 18-5 -Refer to Table 18-5.The Fact That the Production Function Exhibits

question 216

Multiple Choice

Table 18-5

-Refer to Table 18-5.The fact that the production function exhibits diminishing marginal productivity implies that

• A) total production decreases beyond a certain level of output.
• B) labor markets are not always competitive.
• C) the additions to total output get smaller as more workers are hired.
• D) marginal profit is negative.

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