Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. $$\begin{array}{l}
\quad\quad\quad\quad\quad\quad\text { Units of Capital }\
\begin{array} { c c c c c c }
& & 1 & 2 & 3 & 4 \
& 1 & 20 & 36 & 48 & 53 \
\text { Units } & 2 & 38 & 68 & 88 & 94 \
\text { of } & 3 & 53 & 94 & 122 & 133 \
\text { Iabar } & 4 & 63 & 112 & 148 & 164 \
& 5 & 68 & 120 & 164 & 184
\end{array}
\end{array}$$ Diminishing marginal productivity
A)occurs when the marginal product curve begins to slope downward.
B)means that adding one more unit of the variable input will reduce total product.
C)occurs eventually because each additional unit of the variable unit has,on average,fewer units of the fixed input with which to work.
D)both a and c
E)both b and c

Question

Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. $$\begin{array}{l}
\quad\quad\quad\quad\quad\quad\text { Units of Capital }\
\begin{array} { c c c c c c } 
& & 1 & 2 & 3 & 4 \
& 1 & 20 & 36 & 48 & 53 \
\text { Units } & 2 & 38 & 68 & 88 & 94 \
\text { of } & 3 & 53 & 94 & 122 & 133 \
\text { Iabar } & 4 & 63 & 112 & 148 & 164 \
& 5 & 68 & 120 & 164 & 184
\end{array}
\end{array}$$ Diminishing marginal productivity
A)occurs when the marginal product curve begins to slope downward.
B)means that adding one more unit of the variable input will reduce total product.
C)occurs eventually because each additional unit of the variable unit has,on average,fewer units of the fixed input with which to work.
D)both a and c
E)both b and c

Quizplus · Accepted Answer

Diminishing marginal productivity occurs when the marginal product curve (the additional output produced by each additional unit of the variable input) begins to slope downward. This happens eventually because each additional unit of the variable input has, on average, fewer units of the fixed input with which to work. Therefore, both choice A and choice C are correct. Choice B is incorrect because adding one more unit of the variable input does not necessarily reduce total product, but it may increase it at a decreasing rate (i.e. diminishing marginal productivity).

Use the Following Table to Answer the Question Below: the Amount