Completion St Total output (per period) Total product L1 Figure: The Total Produ

Question

Completion St Total output (per period) Total product L1 Figure: The Total Product) Look at the figure The Total Product. Between points A and B the marginal product of labor is: O A. falling. ° C. increasing. 0 D. infinite. QUESTION 45 1 points S Table: Tonya's Production Function for Apples Quantity of Land (in hectares) of Labor (apples picked 10 Total Product Quantity 10 10 15 21 (Table: Tonya's Production Function for Apples) Look at the table Tonya's Production Function for apples picked increases at a decreasing rate because of Apples. As she hires more labor, Tonya's production function shows that the B. diminishing returns. C. workers

Explanation / Answer

(1st Question) Option (A)

Between points A and B, the TP curve is increasing a decreasing rate, signifying that MP is decreasing and MP curve is falling.

(Question 45) Option (B)

TP starts increasing at a decreasing rate when MP is decreasing because diminishing marginal returns have set in.

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