The Principle of Diminishing Marginal Product States

question 124

Multiple Choice

The principle of diminishing marginal product states:

• A) the total output produced increases as the quantity of the input increases.
• B) the marginal product of an input decreases as the quantity of the input increases.
• C) the marginal product of an input eventually will be negative.
• D) the total output produced decreases as the quantity of the input increases.

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