a.)Suppose that labor is the only variable input in the production process. If the marginal cost of production is diminishing as more units of output are produced, what can you say about the marginal product of labor? b.)What are economies of scale? What are economies of scope? What is the difference between the two?

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a.)Suppose that labor is the only variable input in the production process. If the marginal cost of production is diminishing as more units of output are produced, what can you say about the marginal product of labor?
b.)What are economies of scale? What are economies of scope? What is the difference between the two?

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