If a Firm Is Experiencing Diminishing Returns,then

question 85

Multiple Choice

If a firm is experiencing diminishing returns,then:

• A)the firm must be hiring less-qualified units of the variable resource.
• B)the firm must be experiencing diseconomies of scale.
• C)marginal physical product must be decreasing.
• D)average physical product must be decreasing.
• E)total physical product must be decreasing.

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Definitions:

George W. Bush

The 43rd President of the United States who served from 2001 to 2009, known for his responses to the 9/11 terrorist attacks and leading the country during the Iraq and Afghanistan wars.

Taliban

An Islamic fundamentalist political movement and military organization in Afghanistan, known for its strict interpretation of Sharia law.

World Trade Center

A large complex of office buildings in New York City, including the Twin Towers, tragically targeted in the terrorist attacks of September 11, 2001.

Pentagon

The headquarters of the United States Department of Defense, located in Arlington, Virginia, known for its distinctive five-sided shape.