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The Principle of Diminishing Marginal Product States That

Question 93

Multiple Choice

The principle of diminishing marginal product states that:


A) the total output produced increases as the quantity of the input increases.
B) the marginal product of an input decreases as the quantity of the input increases.
C) the marginal product of an input eventually will be negative.
D) the total output produced decreases as the quantity of the input increases.

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