Diminishing Marginal Returns Implies That Firms

question 144

Multiple Choice

Diminishing marginal returns implies that firms

• A) require fewer and fewer workers to produce each additional unit of output.
• B) require more and more workers to produce each additional unit of output.
• C) get decreasing amounts of revenue for each unit of output they produce.
• D) get increasing amounts of revenue for each unit of output they produce.

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Definitions:

Inconsistent Person

An individual whose actions, beliefs, or emotions vary significantly over time, lacking regularity or predictability.

Inconsistent Person

An individual whose actions, beliefs, or responses vary widely in different situations, leading to unpredictability or perceived unreliability.

Inconsistent Person

Refers to an individual whose actions, opinions, or behaviors vary widely over time, showing a lack of predictability or stability.

Faulty Parallelism

A grammatical inconsistency where elements of similar importance in a sentence are not presented in a consistent linguistic form.