When Total Product Is Increasing at a Decreasing Rate, Marginal

question 374

Multiple Choice

When total product is increasing at a decreasing rate, marginal product is

• A)positive and increasing.
• B)positive and decreasing.
• C)constant.
• D)negative.

---

Definitions:

Net Liability

Net liability refers to the total liabilities of an entity minus its assets, indicating a financial position where obligations exceed resources.

Accrued Interest

Interest that has been incurred but not yet paid.

Premium

An amount paid in excess of the normal or nominal value, often relating to the additional cost over the face value of securities or insurance charges beyond standard rates.