Multiple Choice
Diminishing marginal product means that ________.
A) when adding extra units of a single input,output increases become smaller
B) when adding extra units of a single input,output increases become larger
C) when adding extra units of a single input,output declines
D) the amount of output increases when we add more inputs
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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Q2: The marginal product of labor indicates _.Therefore
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