Diminishing Marginal Product of Labor Occurs When Adding Another Unit

question 221

Multiple Choice

Diminishing marginal product of labor occurs when adding another unit of labor

• A)decreases output.
• B)changes output by an amount smaller than the output added by the previous unit of labor.
• C)increases output by an amount larger than the output added by the previous unit of labor.
• D)decreases output by an amount smaller than the output added by the previous unit of labor.

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Definitions:

Face-To-Face

Direct interaction between people in the same physical space, as opposed to communication through digital or remote means.

Richest Media

Communication channels that provide the highest level of richness in information, often involving immediate feedback and personal engagement.

Workers

Individuals employed to perform tasks or services for compensation.

Meetings

Gatherings or assemblies of people, typically working in the same organization, to discuss or act on various topics of common interest.