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What Effect Does Diminishing Marginal Product Have on the Shape

Question 10

Multiple Choice

What effect does diminishing marginal product have on the shape of the production function


A) The slope of the production function decreases as the quantity of input increases.
B) The production function becomes steeper as the quantity of input increases.
C) The production function slopes downward.
D) The production function is horizontal beyond a certain quantity of input.

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