Figure 13-1

-Refer to Figure 13-1. As the number of workers increases,
A)marginal product decreases.
B)total output decreases.
C)marginal product increases but at a decreasing rate.
D)total output increases at an increasing rate.

Question

Figure 13-1  ​
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-Refer to Figure 13-1. As the number of workers increases,
A)marginal product decreases. 
B)total output decreases. 
C)marginal product increases but at a decreasing rate. 
D)total output increases at an increasing rate.

Quizplus · Accepted Answer

Marginal product decreases as the number of workers increases due to the law of diminishing marginal returns, which states that adding more of one factor of production, while holding all others constant, will at some point yield lower per-unit returns.

Figure 13-1 ​

Figure 13-1