Which Situation Is Most Likely to Exhibit Diminishing Marginal Returns

question 25

Multiple Choice

Which situation is most likely to exhibit diminishing marginal returns to labor?

• A) a factory that obtains a new machine for every new worker hired
• B) a factory that hires more workers and never increases the amount of machinery
• C) a factory that increases the amount of machinery and holds the number of worker constant
• D) None of these situations will result in diminishing marginal returns to labor.

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Definitions:

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Fundamental guidelines or rules that are considered to be morally right and acceptable in a profession or society, guiding moral behavior and decision-making.

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Advance Directive

A legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions due to illness or incapacity.

Ethical Committee

A group responsible for ensuring that research and practices adhere to established ethical standards, often found in medical and academic institutions.