If in the short run a business's total product is increasing,we know that:
A)marginal product must also be increasing
B)marginal product must be decreasing
C)marginal product could be either increasing or decreasing
D)average product must also be increasing
E)average product must be decreasing

Question

Quizplus · Accepted Answer

While total product is increasing in the short run, marginal product could be either increasing or decreasing. This depends on whether the additional units of the variable input (like labor) are becoming more or less productive as they are added. However, we cannot conclude anything about the average product without more information.

If in the Short Run a Business's Total Product Is