menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Microeconomics Study Set 1
  4. Exam
    Exam 17: Technology-Part A
  5. Question
    If There Is One Input Used in Production and If
Solved

If There Is One Input Used in Production and If

Question 10

Question 10

True/False

If there is one input used in production and if there are decreasing returns to scale, then the marginal product for the input will be diminishing.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: If the production function is f(x, y)=

Q6: Which of the following production functions exhibit

Q7: The UJava espresso stand needs two inputs,

Q8: A firm uses 3 factors to produce

Q9: A firm has two variable factors and

Q11: A firm has the production function f(x<sub>1</sub>,

Q12: If the production function is f(x, y)=

Q13: A firm has the production function f(x,

Q14: Suppose that the production function is f(x<sub>1</sub>,

Q15: A firm uses 3 factors to produce

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines