At the point where diminishing marginal returns of an input sets in, the
A)average product starts to decrease.
B)marginal product starts to decrease.
C)total product starts to decrease.
D)average product exceeds the marginal product.

Question

Quizplus · Accepted Answer

Diminishing marginal returns occur when the marginal product of an input begins to decrease as more of the input is used, while the total product is still increasing.

At the Point Where Diminishing Marginal Returns of an Input