When the Marginal Product of Labor Increases as the Amount

question 63

Multiple Choice

When the marginal product of labor increases as the amount of labor employed increases,

• A)the additional worker has made other workers more productive
• B)the firm also must have increased the amount of capital
• C)the firm is experiencing economies of scale
• D)there has been an improvement in the available technology
• E)the law of diminishing returns has been violated

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Definitions:

Conversion Hysteria

A psychological disorder in which emotional distress or unconscious conflict is expressed through physical symptoms with no organic basis, historically referred to as hysteria.

Schizophrenia

A serious mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception, inappropriate actions and feelings, withdrawal from reality into fantasy and delusion, and a sense of mental fragmentation.

Mania

Mania is a mental health condition characterized by periods of great excitement, euphoria, delusions, and overactivity, often seen in bipolar disorder.

Frantic Gesturing

The act of making wildly excited movements or signals, often as a form of non-verbal communication.