The law of diminishing marginal productivity implies that the marginal product of a variable input:
A) never declines.
B) always declines.
C) eventually declines.
D) is constant.

Question

Quizplus · Accepted Answer

The law of diminishing marginal productivity states that as more of a variable input is added to a fixed input, the additional output produced by the variable input will eventually decrease.

The Law of Diminishing Marginal Productivity Implies That the Marginal