Increases in the Marginal Product of Labor Result from

question 229

Multiple Choice

Increases in the marginal product of labor result from

• A)the use of new technology.
• B)hiring more efficient workers.
• C)the division of labor and specialization.
• D)increasing the usage of all inputs.

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Definitions:

Straight-Line Method

A depreciation technique that allocates an equal portion of an asset's cost to each year of its useful life.

Resale Value

The estimated amount for which an asset can be sold at the end of its useful life.

Office Furniture

Furniture and related items used in offices, such as desks, chairs, and file cabinets.

Straight-Line Method

A depreciation method that allocates an equal amount of depreciation each year over the useful life of the asset.