Holding the Amount of Capital Constant, If Firms Increase the Amount

question 19

Multiple Choice

Holding the amount of capital constant, if firms increase the amount of labour they use, output increases at a diminishing rate, and this is the definition of:

• A)diminishing marginal productivity of labour
• B)diminishing marginal utility of labour
• C)marginal revenue product of labour
• D)marginal product of labour

---

Definitions:

Organizational Citizens

Employees who go beyond their required job duties by performing behaviors that contribute to the organization's social and psychological environment.

Engaged People

Individuals who are fully involved in and enthusiastic about their work, showing a positive attitude toward their organization and its values.

Job Demands

The job-related factors, whether they are physical, mental, social, or organizational, that necessitate continuous physical or mental commitment.

Probability Of Death

The statistical likelihood of an individual dying within a specified timeframe, often used in actuarial science and health studies.