Suppose that labor is the only variable input to the production process. If the marginal cost of production is increasing as more units of output are​ produced, what can you say about the marginal product of​ labor? If the marginal cost of production is increasing as more units of output are​ produced, then the marginal product of labor
A. is increasing.
B. is zero.
C. is diminishing.
D. remains constant.
E. is negative.

Respuesta :

Answer:

Science and Math is required...

Explanation:

Marginal production is the additional production of units and additional input of labor over the expected production level. The cost incurred for the marginal production changes in total but remain constant per unit of production.

Due to an increase in the marginal cost of production for more units then the marginal product of labor is increasing

There is a direct relationship between the marginal cost of production and the marginal product of labor.

Since the labor is the only variable input for the production and the marginal cost of production is diminishing this means the cost of producing an additional unit of production is lower.

Thus, the reduction in the marginal cost will increase the marginal product of labor.

To know more about marginal production, refer to the link:

https://brainly.com/question/13623353

ACCESS MORE