If the slope of the total productivity line is decreasing as output increases, what does that say about marginal productivity? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a Marginal productivity is increasing. b Marginal productivity is decreasing. C Marginal productivity is flat (constant). d Cannot be determined from the information given.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter8: Production And Costs
Section8.4: Costs Of Production: Total, Average, Marginal
Problem 4ST
icon
Related questions
Question
If the slope of the total productivity line is decreasing as output increases, what does that say about marginal productivity?
Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.
a
b
Question 32
C
Marginal productivity is increasing.
Marginal productivity is decreasing.
Marginal productivity is flat (constant).
d Cannot be determined from the information given.
Transcribed Image Text:If the slope of the total productivity line is decreasing as output increases, what does that say about marginal productivity? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a b Question 32 C Marginal productivity is increasing. Marginal productivity is decreasing. Marginal productivity is flat (constant). d Cannot be determined from the information given.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Marginal Product
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Microeconomics
Microeconomics
Economics
ISBN:
9781337617406
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning