The explanation for why marginal cost is positive and rising in the short run is ________ marginal product of labor in the production process. A) a zero B) a constant C) an increasing D) a diminishing

Respuesta :

Answer:

c. an increasing is the right answer

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

What is Marginal production?

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.

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.

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