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When a Production Function Exhibits a Diminishing,but Positive,marginal Product of Labour,which

Question 35

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When a production function exhibits a diminishing,but positive,marginal product of labour,which scenario results

When a production function exhibits a diminishing,but positive,marginal product of labour,which scenario results


A) Profit generally increases as output increases.
B) Profit generally remains constant as output increases.
C) Output declines as more workers are employed.
D) Output increases, but at a decreasing rate, as more workers are employed.

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