Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter7: Production And Cost In The Firm
Section: Chapter Questions
Problem 17PAE
Related questions
Question
The production function of a firm is f(x, y) = x + y. The marginal product of input x
diminishes with an increase of x.
• True
• False
Please explain!
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