Diminishing marginal returns for the first four units of a variable input is exhibited by which of these total product sequences:

50, 50, 50, 50

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50, 110, 180, 260

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50, 100, 150, 200

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50, 90, 120, 140

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Solution

The correct option is D $50, 90, 120, 140$
TP MP
50 50
90 40
120 30
140 20
This given sequence shows diminishing marginal returns.

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Similar questions

Q. Suppose the first four units of a variable input generate corresponding total outputs of

200, 350, 450, 500

. The marginal product of the third unit of input is ______.

Q. Suppose the first four units of a variable input generate corresponding total outputs of 150, 200, 350 and 550. The marginal product of the third unit of input is:

Q. If production possibility frontier (PPF) exhibits diminishing marginal product, the slope of the PPF shows which of these characterists?

The diminishing marginal product of a variable factor implies that the amount of variable factor required per unit of output decreases. State true or false.

State the behaviour of marginal product when only one input is increased and other inputs are held constant.

Explain what you understand by the "law of diminishing marginal product".

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Diminishing marginal returns for the first four units of a variable input is exhibited by which of these total product sequences:

The correct option is D 50,90,120,140TP MP50 5090 40120 30140 20This given sequence shows diminishing marginal returns.

The correct option is D $50, 90, 120, 140$
TP MP
50 50
90 40
120 30
140 20
This given sequence shows diminishing marginal returns.