At the point where diminishing marginal returns set in, the slope of the total product curve is
A)positive and increasing
B)positive and decreasing
C)negative and increasing
D)negative and decreasing
E)constant

Question

Quizplus · Accepted Answer

Diminishing marginal returns occur when each additional unit of input contributes less to the total output than the previous unit, causing the slope of the total product curve to be positive but decreasing.

At the Point Where Diminishing Marginal Returns Set In, the Slope