The Marginal Productivity of Labor Will Eventually Decrease as More

question 145

Multiple Choice

The marginal productivity of labor will eventually decrease as more workers are employed because

• A) average product is increasing.
• B) total product is decreasing.
• C) the amount of capital will also be increasing.
• D) on the average each worker will have fewer inputs to work with.

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Definitions:

Unethical Behaviour

Actions that violate moral principles or professional standards, often leading to negative consequences.

Benefit

An advantage or profit gained from something.

Moral Development

Refers to the process by which individuals acquire and apply moral norms and values, often evolving through various stages from basic to more advanced ethical reasoning.

Post Conventional

A level of moral development where individuals' ethics are guided by universal principles rather than societal norms or personal interests.