According to the Principle of Diminishing Returns,if the Number of Workers

question 71

Multiple Choice

According to the principle of diminishing returns,if the number of workers is increased beyond the point of diminishing returns,then the additional worker

• A) increases total output by the same amount as previous workers.
• B) increases total output by more than the amount of previous workers.
• C) increases total output by less than the amount of previous workers.
• D) decreases total output.

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Definitions:

Two-Tail Test

A statistical test that considers extreme values in both tails of the distribution to test for a significant difference.

Multinomial Experiment

An experiment that leads to outcomes classified into more than two categories, which are mutually exclusive and exhaustive.

Binomial Experiment

A statistical experiment that fits the criteria of having a fixed number of trials, two possible outcomes per trial, identical probability of success, and each trial being independent.

Multinomial Experiment

An experiment that leads to outcomes categorized into two or more non-overlapping categories.