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If Capital Is a Variable Input in a Production Process,the

Question 96

Multiple Choice

If capital is a variable input in a production process,the law of diminishing marginal returns implies that


A) total product is minimized.
B) capital's marginal product is positive and less than one.
C) total product is maximized.
D) marginal product of capital eventually decreases.
E) marginal product of capital is constant.

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