All Else Equal,if There Are Diminishing Returns,then What Happens to Productivity

question 99

Multiple Choice

All else equal,if there are diminishing returns,then what happens to productivity if both capital and labor increase?

• A)Productivity will definitely fall.
• B)Productivity will definitely be unchanged.
• C)Productivity will definitely rise.
• D)None of the above are necessarily correct.

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Definitions:

Sales Territories

Divisions within a business's market or geographical area where specific sales responsibilities and targets are assigned to sales representatives or teams.

Location

The particular place or position where something occurs or is situated.

Market-Based Groupings

A method of organizing market segments or categories based on shared characteristics, preferences, or behaviors of the consumer groups.

Customer Segments

The division of a market into distinct groups of buyers based on different needs, characteristics, or behaviors.