Examlex

Solved

When the Marginal Product of an Additional Worker Is Less

question 166

Multiple Choice

When the marginal product of an additional worker is less than the marginal product of the previous worker,there are ________ returns to labor.


Definitions:

Dred Scott

A landmark U.S. Supreme Court case in 1857 which ruled that African Americans, whether enslaved or free, could not be American citizens and therefore had no standing to sue in federal court.

Nineteenth Century

The period from January 1, 1801, to December 31, 1900, marking the 19th century of the Anno Domini era or Common Era, characterized by significant industrial, cultural, and social changes globally.

Territory Acquisition

The process by which a country or state expands its land and jurisdiction through purchase, negotiation, conquest, or discovery, significantly impacting its political and geographical landscape.

Ethnic Diversity

The presence of a wide range of distinct ethnic, cultural, and national groups within a given society or area.

Related Questions