Diminishing marginal product explains why, as a firm’s output increases.a. the production function and total-cost curve both get steeper.b. the production function and total-cost curve both get flatter.c. the production function gets steeper, while the total-cost curve gets flatter.d. the production function gets flatter, while the total-cost curve gets steeper.

Principles of Economics (MindTap Course List)
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Chapter13: The Cost Of Production
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Diminishing marginal product explains why, as a firm’s output increases.
a. the production function and total-cost curve both get steeper.
b. the production function and total-cost curve both get flatter.
c. the production function gets steeper, while the total-cost curve gets flatter.
d. the production function gets flatter, while the total-cost curve gets steeper.

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