If the marginal product of labour is decreasing,then the marginal cost of production must be rising.

Question

Quizplus · Accepted Answer

Marginal product of labour refers to the additional output produced by adding one more unit of labour. When this marginal product starts to decrease, it means that adding more labour is becoming less effective in producing additional output. As a result, the cost of producing each additional unit of output will increase, causing the marginal cost of production to rise.

If the Marginal Product of Labour Is Decreasing,then the Marginal