Solved

A Negative Value for the Marginal Physical Product Would Indicate

Question 366

Multiple Choice

A negative value for the marginal physical product would indicate that


A) the company has not yet reached the point of saturation.
B) total output increased by a significant amount.
C) total output decreased when the extra unit of the variable input was added.
D) total output increased, but the increase was very small.

Correct Answer:

verifed

Verified

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

Related Questions

Q361: Fixed costs include all but<br>A) a normal

Q362: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -If, in the

Q363: If in the short run total product

Q364: The time frame in which all factors

Q365: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above

Q367: When the average physical product is rising<br>A)

Q368: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Q369: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q370: If the long-run average cost curve continuously

Q371: Graphically, diseconomies to scale are illustrated by<br>A)