If the marginal product of a variable input is declining,then:
A)average product is also declining.
B)total product is also declining.
C)total product is increasing at a decreasing rate.
D)average product is constant.

Question

Quizplus · Accepted Answer

When the marginal product of a variable input is declining, it means that each additional unit of input contributes less to the total output than the previous unit did. However, the total product continues to increase, just at a decreasing rate, until the marginal product becomes negative.

If the Marginal Product of a Variable Input Is Declining,then