Which of the following is (are)likely to cause the marginal product of an input to decrease?
A)an increase in the real price of the input
B)a decrease in the quantity of other inputs used in production
C)technological advances
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

A decrease in the quantity of other inputs used in production can lead to a decrease in the marginal product of an input because it may not be utilized as efficiently without the complementary levels of other inputs.

Which of the Following Is (Are)likely to Cause the Marginal