Diminishing Marginal Product

question 106

Multiple Choice

Diminishing marginal product:

• A)causes the variable cost curve to become flatter.
• B)causes the variable cost curve to become steeper.
• C)has no relation to the variable cost curve.
• D)causes the fixed cost curve to become flatter.

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Definitions:

Hydrophobicity

The physical property of a molecule that is seemingly repelled from a mass of water.

Cohesion

The force that holds molecules of the same substance together, contributing to the tensile strength of water.

Acid

Substance that releases hydrogen ions in water.

Base

Substance that accepts hydrogen ions in water.