If a production function exhibits diminishing marginal product. its slope ?
Correct answer: D. becomes flatter as the quantity of the input increase
- A. is linear (a straight line)
- B. becomes steeper as the quantity of the input increase
- C. could be any of these answers
- D. becomes flatter as the quantity of the input increase
Explanation
The slope of a production function is the marginal product of the input. With diminishing marginal product, each additional unit adds less output, so the production function becomes flatter.
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