When a Firm's Total-Product Curve Is Increasing at a Decreasing

question 55

Multiple Choice

When a firm's total-product curve is increasing at a decreasing rate

• A)average product is zero.
• B)marginal product is positive but declining.
• C)the marginal-product curve lies below the average-product curve.
• D)marginal product is negative and decreasing.
• E)average product is falling.

---

Definitions:

Business

An organization or enterprising entity engaged in commercial, industrial, or professional activities, aiming to generate profits through the provision of goods and services.

Exit Strategy

A plan developed by a business owner or investor to sell, close, or otherwise exit a financial position in a company.

Sporting Goods

Items and equipment used for participation in sporting activities, including clothing, footwear, and gear like balls, bats, and nets.

Motivated Employees

Workers who are enthusiastic and committed to their tasks, often leading to higher productivity and job satisfaction.