Diminishing Returns to Labor Is the Term Used to Describe

question 2

True/False

Diminishing returns to labor is the term used to describe what happens when output falls as more labor is employed in a firm.

---

Definitions:

Herbal Supplements

Products made from plants or plant parts used to treat or prevent diseases, improve health, or supplement the diet.

Biologic Response Modifiers

Biologic response modifiers are substances that modify immune responses, often used in cancer treatment to enhance the body's natural defense mechanisms against disease.

Chemotherapy

A type of cancer treatment using drugs to kill or slow the growth of cancer cells, often with various side effects.

Brachytherapy

A form of radiation therapy where a radioactive source is placed close to or inside the area requiring treatment.