The idea of diminishing returns to an input in production suggests that, if a local college adds more custodians, the marginal product of labor for the custodial staff will:

decrease.

increase at an increasing rate.

increase at a decreasing rate.

not change.

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers