Which of the Following Is (Are)likely to Cause the Marginal

question 54

Multiple Choice

Which of the following is (are) likely to cause the marginal product of an input to decrease?

• A)an increase in the real price of the input
• B)a decrease in the quantity of other inputs used in production
• C)technological advances
• D)all of the above
• E)none of the above

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Definitions:

Received

The action of obtaining or accepting something, such as goods, payments, or services.

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting that does not necessarily align with the calendar year.

Transactions

The exchange or transfer of goods, services, or funds between two or more parties.