The point of diminishing marginal productivity is the point where
A)the marginal product begins to fall at an increasing rate.
B)average product has reached its maximum.
C)marginal product has reached its maximum.
D)the marginal product curve lies below the average product curve.
E)the total product begins to fall.

Question

Quizplus · Accepted Answer

The point of diminishing marginal productivity occurs when the marginal product of an input reaches its maximum and begins to decline.

The Point of Diminishing Marginal Productivity Is the Point Where