Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital.
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.
 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 begins to slope downward and occurs eventually because each additional unit of the variable unit has, on average, fewer units of the fixed input with which to work. This means that adding one more unit of the variable input will reduce total product, which aligns with option B as well. Therefore, the correct choice is option D.

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