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Whenever marginal product is declining with increasing use of an input,

Question:

Whenever marginal product is declining with increasing use of an input,

A.

Total product is declining as input increases.

B.

Average product is declining as input use increases

C.

Marginal product is greater than average product

D.

Total product is increasing at a decreasing rate as input use increases.

Answer» d. Total product is increasing at a decreasing rate as input use increases.

Note: The above multiple-choice question is for all general and Competitive Exams in India