If the marginal product of labor is positive and increasing,then the total product of labor curve is
A)constant
B)upward sloping and becoming steeper
C)downward sloping and becoming flatter
D)lies above the total cost curve
E)lies below the total cost curve

Question

Quizplus · Accepted Answer

If the marginal product of labor is positive and increasing, it means that each additional unit of labor added is producing more than the previous unit. This implies that the total product of labor is increasing at an increasing rate. Therefore, the total product of labor curve will be upward sloping and becoming steeper.

If the Marginal Product of Labor Is Positive and Increasing,then