FIGURE 2-4 Refer to Figure 2-4.The slope of the non-linear function changes as we move along the curve.The slope is
A)positive and increasing,indicating an increasing marginal response.
B)negative and decreasing,indicating a diminishing marginal response.
C)positive and decreasing,indicating a diminishing marginal response.
D)negative and increasing,indicating an increasing marginal response.
E)constant at all points,indicating a constant marginal response.

Question

FIGURE 2-4 Refer to Figure 2-4.The slope of the non-linear function changes as we move along the curve.The slope is
A)positive and increasing,indicating an increasing marginal response. 
B)negative and decreasing,indicating a diminishing marginal response. 
C)positive and decreasing,indicating a diminishing marginal response. 
D)negative and increasing,indicating an increasing marginal response. 
E)constant at all points,indicating a constant marginal response.

Quizplus · Accepted Answer

The slope of the non-linear function is positive at the beginning, indicating an increasing marginal response. However, as we move along the curve, the slope decreases, indicating a diminishing marginal response. Therefore, the best choice is C, which states that the slope is positive and decreasing, indicating a diminishing marginal response.