Increasing Marginal Returns to Labor Might Occur at Low Levels

question 188

Multiple Choice

Increasing marginal returns to labor might occur at low levels of labor input because of

• A) increasing average costs.
• B) differing factor proportions.
• C) increasing specialization of tasks.
• D) decreasing use of machinery and increasing use of technology.

---

Definitions:

Self-managed

Referring to individuals or teams that operate independently, making decisions and managing their tasks and responsibilities without direct supervision.

Membership Turnover

The rate at which members join and leave a group or organization over a particular period of time.

Disagreements

Occurrences of differing opinions or conflicts between individuals or groups, often leading to debates or disputes.

Information Technology

This is the use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.