Multiple Choice
Whenever marginal product is positive and declining with increasing use of an input:
A) total product is declining as input use increases.
B) average product is declining as input use increases.
C) marginal product is greater than average product.
D) marginal product is less than average product.
E) total product is increasing at a decreasing rate as input use increases.
Correct Answer:
Verified
Correct Answer:
Verified
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