Suppose Adding Another Unit of Labour Leads to a Smaller

question 45

Multiple Choice

Suppose adding another unit of labour leads to a smaller increase in output than previous units of labour provided.What property does this suggest

• A)diminishing labour
• B)negative marginal labour
• C)diminishing marginal product
• D)negative marginal product

---

Definitions:

Selective Retention

The tendency of individuals to remember more information that is personally meaningful to them while forgetting irrelevant information.

Stimulus Generalization

The psychological principle that occurs when a response to a specific stimulus is elicited by similar stimuli, applied in marketing to create a familiar response through similar branding.

Stimulus Generalization

A phenomenon in psychology and marketing where a response to a specific stimulus is elicited by similar stimuli, used in branding and advertising.

Tylenol Cold & Flu

is a medication brand designed to relieve symptoms associated with the cold and flu, such as fever, aches, and congestion.