Question 11 fast

Q11. Giving reasons, state, whether the following statements are true or false:

         (i) When there are diminishing returns to a factor, marginal product and total product both always diminish.

         (ii) When there are diminishing returns to a factor, total product always decreases.

         (iii) Total product will increase only when marginal product increases.

         (iv) Increase in total product always indicates that there are increasing returns to a factor.

         (v) When there are diminishing returns to a factor, marginal and total product both always fall.

         (vi) When marginal product falls, average product will also fall.