if a = 2.10, b = 0.40, and c = 1, the marginal products of x₁, x₂, and x₃ (in this order)are A)all decreasing. B)increasing, decreasing, and constant. C)decreasing, increasing, and decreasing. D)all increasing. E)all increasing if A 1.

Question

if a = 2.10, b = 0.40, and c = 1, the marginal products of x₁, x₂, and x₃ (in this order)are A)all decreasing. B)increasing, decreasing, and constant. C)decreasing, increasing, and decreasing. D)all increasing. E)all increasing if A > 1.

Quizplus · Accepted Answer

The marginal products are represented by the coefficients in the given equations for a, b, and c. For a (2.10), the marginal product is increasing; for b (0.40), it is decreasing; and for c (1), it is constant. This pattern matches choice B.

If a = 210, B = 0