The Term Diminishing Returns to Labor Means That

question 90

Multiple Choice

The term diminishing returns to labor means that

• A)the wage rate falls as a person takes on more jobs.
• B)total output decreases as one more unit of labor is applied to production.
• C)the market value of labor decreases as more labor is supplied.
• D)increases in output decline as additional units of labor are used in production.
• E)the production of labor is becoming less profitable with decreasing real wages.

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Definitions:

Weight Control

The process of adopting long-term lifestyle changes to maintain a healthy body weight, often involving diet and physical activity.

Metabolism

The complex of life-sustaining chemical reactions in organisms that allows them to grow, reproduce, maintain their structures, and respond to environments.

Set Point

The weight range in which your body is programmed to function optimally, determined by genetic and environmental factors.

Heart Disease

A range of conditions affecting the heart, including coronary artery disease, heart attacks, and heart failure.