The Marginal Product of Labour Is Always ________ and It

question 34

Multiple Choice

The marginal product of labour is always ________ and it ________ as the labour stock increases.

• A) positive; increases
• B) positive; decreases
• C) negative; increases
• D) negative; decreases

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Definitions:

Actively Engaged

Being fully involved or deeply immersed in a particular activity or task, often leading to improved learning or performance outcomes.

Continuing-Care Community

A type of retirement community that offers different levels of care (independent living, assisted living, nursing care) within the same facility or campus.

Lifelong Needs Establishment

The process of identifying and meeting the diverse and changing needs of individuals throughout their entire lives.

Medical Care

The services provided by professionals to diagnose, treat, and prevent illness and maintain physical and mental well-being.