Most total product curves have
A) output first increasing and then decreasing as labour is added.
B) output increasing at an increasing rate as labour is added.
C) first decreasing and then increasing marginal returns to labour.
D) first increasing and then decreasing marginal returns to labour.

Question

Quizplus · Accepted Answer

Most total product curves show output increasing at a diminishing rate as more units of labor are added, which reflects first increasing and then decreasing marginal returns to labor.

Most Total Product Curves Have