

MCQOPTIONS
Saved Bookmarks
1. |
If a production function exhibits diminishing marginal product the slope of the corresponding total-cost curve ? |
A. | is liner (a straight line) |
B. | could be any of these answers |
C. | becomes steeper as the quantity of output increases |
D. | become flatter as the quantity of output increases. |
Answer» D. become flatter as the quantity of output increases. | |