The marginal product of any input in the production process is the increase in the quantity of output produced from one additional unit of that input. According to the Law of Diminishing Returns the marginal product of an input declines as the quantity of the input increases over time other factors remaining the same. In the workplaceyouoften see diminishing marginal product where the additional output produced per worker drops as theyperform their jobs over time. Construct thoughtful detailed responses to the answers contributed by at least three of your classmates.
