The Idea of Diminishing Returns to an Input in Production

question 39

Multiple Choice

The idea of diminishing returns to an input in production suggests that if a local college adds more custodians, the marginal product of labor for the custodial staff will _.

• A)increase at an increasing
• B)rate increase at a decreasing
• C)rate decrease
• D)not change

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Definitions:

Blended Learning

An educational approach that combines online digital media with traditional classroom methods to enhance learning experiences.

Simulation Exercises

Training techniques or activities that replicate real-world scenarios, allowing individuals to practice or enhance their skills in a controlled environment.

Troika Dialogue

A format of discussion involving three parties or groups, often used in international negotiations or policy discussions.

Learning Formats

Various methods or structures used in educational environments to deliver information and instruction to learners.