Economics 9708 · AS & A Level · Factors of production

Factors of production — practice question

The diagram illustrates the total product of labour curve for a firm in which labour is the only variable factor input. What accounts for the curve’s shape?

  • Adiminishing marginal disutility of work
  • Bincreasing marginal disutility of work
  • Ctechnical diseconomies of scale
  • Dthe law of variable proportions

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