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.

True

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False

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Solution

The correct option is B
False

The diminishing marginal product of a variable factor implies that the amount of variable factor required per unit of output increases. Hence, the statement is false.

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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.

The correct option is B False The diminishing marginal product of a variable factor implies that the amount of variable factor required per unit of output increases. Hence, the statement is false.

The correct option is B
False

The diminishing marginal product of a variable factor implies that the amount of variable factor required per unit of output increases. Hence, the statement is false.