If the Marginal Product of a Variable Input Is Declining,then

question 75

Multiple Choice

If the marginal product of a variable input is declining,then:

• A)average product is also declining.
• B)total product is also declining.
• C)total product is increasing at a decreasing rate.
• D)average product is constant.

---

Definitions:

Sales Promotion

A marketing strategy where short-term incentives are offered to encourage the purchase or sale of a product or service.

Promotion

Activities designed to increase the sales of a product or service, often through advertising or incentives.

Sales Promotion

Marketing activities aimed at boosting sales and strengthening brand loyalty by offering short-term incentives to customers.

Promotional Mix

A combination of marketing tools, including advertising, sales promotion, public relations, personal selling, and direct marketing, used to achieve communication objectives.