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.

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The amount of compensation or payment given to an employee for work performed, typically expressed as a rate per hour or piece.

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A principal agency of the U.S. Federal Statistical System responsible for producing data about the American people and economy.

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