If a firm's marginal product of labor is decreasing, assuming that labor is the firm's only variable input, which of the

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answerhappygod
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If a firm's marginal product of labor is decreasing, assuming that labor is the firm's only variable input, which of the

Post by answerhappygod »

If a firm's marginal product of labor is decreasing, assuming
that labor is the firm's only variable input, which of the
following must be true in the short run? And why?
(A) Marginal cost is increasing (B) Marginal cost is decreasing
(C) Average product of labor is decreasing (D) Marginal product of
labor is decreasing (E) Total product of labor is decreasing
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