What is the shape of the curve that represents the value of the marginal product of labour

Question

Quizplus · Accepted Answer

The shape of the curve that represents the value of the marginal product of labour is downward sloping. This is because as we add more units of labour, the marginal product of labour decreases due to diminishing returns. In other words, adding one more worker may increase the output, but not as much as the previous worker did. Therefore, the curve representing the value of the marginal product of labour slopes downwards.

What Is the Shape of the Curve That Represents the Value