Question 39 2 points As output rises marginal product eventu

Question 39 (2 points) As output rises, marginal product eventually diminishes and marginal cost increases total cost falls. fixed cost increases. average product becomes negative. Save

Solution

Answer:- as output rises, marginal productivity eventualy diminishes and

Correct Answer:- marginal cost increases

Reason:- As per the law of diminishing returns  marginal cost will rise as output increases. Eventually, rising marginal cost will lead to a risein average total cost

Answer:- in order for the law of diminishing returns to be present, we must have

Correct Answer:- At least one factor of production to be fixed