If Total Product Is Increasing at a Decreasing Rate,then Marginal

question 109

Multiple Choice

If total product is increasing at a decreasing rate,then marginal product is _____.

• A)below average product at all levels of output
• B)above average product at all levels of output
• C)declining faster than average product
• D)increasing at a decreasing rate

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Definitions:

Margin Of Safety

The difference between actual or expected sales and sales at the break-even point; it measures the risk of incurring a loss.