Whenever marginal product is increasing with increasing use of an input:
A) total product is increasing at a decreasing rate.
B) total product is increasing at an increasing rate.
C) marginal product is less than average product.
D) average product is decreasing.
E) total product is declining as input use increases.

Question

Quizplus · Accepted Answer

When marginal product is increasing with increasing use of an input, total product is increasing at an increasing rate. This means each additional unit of the input is contributing more to the total output than the previous unit, resulting in a higher rate of increase in total output.

Whenever Marginal Product Is Increasing with Increasing Use of an Input