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How does total product behave with …

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How does total product behave with change in marginal product
  • 3 answers

Rohan Rohilla 5 years, 2 months ago

Fixed costs are those that do notchange as the level of output changes. ... As production increases, totalvariable costs increase at a decreasing rate, since the marginal product for each additional worker is increasing. With diminishing marginal product, thetotal variable cost increases at an increasing rate.

Yogita Ingle 5 years, 2 months ago

Fixed costs are those that do notchange as the level of output changes. ... As production increases, totalvariable costs increase at a decreasing rate, since the marginal product for each additional worker is increasing. With diminishing marginal product, thetotal variable cost increases at an increasing rate.

Kajal Bathiya 5 years, 2 months ago

How does total product behave with change in marginal product
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