Use the following for questions 37-43.
Exhibit: Total Product

-(Exhibit: Total Product) As units of labor are hired between quantities L₁ and L₂, _______ is ________ and _______ is ________.
A) total product; falling; marginal product; positive
B) marginal product; zero; total product; falling
C) total product; rising; marginal product; negative
D) None of the above is a true statement.

Question

Use the following for questions 37-43.
Exhibit: Total Product
 
-(Exhibit: Total Product) As units of labor are hired between quantities L₁ and L₂, _______ is ________ and _______ is ________.
A) total product; falling; marginal product; positive 
B) marginal product; zero; total product; falling 
C) total product; rising; marginal product; negative 
D) None of the above is a true statement.

Quizplus · Accepted Answer

Between quantities L₁ and L₂, if total product is increasing, then marginal product must be positive (since total product increases only if additional units of labor add to output). None of the provided statements accurately describe this scenario, making all of them incorrect.

Use the Following for Questions 37-43