692EconomicsMedium
If a production function exhibits diminishing marginal product. its slope?
Acould be any of these answers
Bbecomes steeper as the quantity of the input increase
Cis linear (a straight line)
Dbecomes flatter as the quantity of the input increase
Correct answer
D. becomes flatter as the quantity of the input increase
Explanation
The correct answer is becomes flatter as the quantity of the input increase.