If a Firm Experiences Diminishing Marginal Productivity of Labor, the Marginal

question 326

Multiple Choice

If a firm experiences diminishing marginal productivity of labor, the marginal product

• A)increases as total product increases.
• B)decreases as total product increases.
• C)increases as total product decreases.
• D)decreases as total product decreases.

---

Definitions:

Cognitive Capacities

The mental abilities and processes related to acquiring knowledge, reasoning, problem-solving, and abstract thinking.

Genetic

Relating to genes or heredity.

Perceptual

Related to the interpretation or understanding of sensory information.

Physiological Perspective

A viewpoint in psychology focusing on the biological bases of behavior, emphasizing the role of the brain, genetics, and neurochemical processes.