Which of the Following Is an Implication of the Law

question 40

Multiple Choice

Which of the following is an implication of the law of diminishing returns?

• A) Total output will decline as more workers are hired.
• B) In the long run, average total cost will eventually decline as output is expanded.
• C) In the short run, expansion of output will eventually lead to increases in marginal cost and average total cost.
• D) A doubling of all inputs will lead to more than a doubling of output.

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Definitions:

Delegate Tasks

The process of assigning responsibilities or authority to another person, usually from a manager to a subordinate, to carry out specific activities or tasks.

High Priority

Issues, tasks, or objectives deemed of utmost importance and that necessitate immediate attention or resources.

Leader's Term

The period during which an individual serves in a leadership position or role.

Remove a Leader

The action of dismissing or displacing an individual from a position of authority or leadership.