If a Firm Is Experiencing Diminishing Returns,then

question 85

Multiple Choice

If a firm is experiencing diminishing returns,then:

• A)the firm must be hiring less-qualified units of the variable resource.
• B)the firm must be experiencing diseconomies of scale.
• C)marginal physical product must be decreasing.
• D)average physical product must be decreasing.
• E)total physical product must be decreasing.

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Definitions:

HR Forecasting

The process of predicting an organization's future human resources needs based on its business objectives, current workforce, and external labor market trends.

Specialized Jobs

Positions that require a specific set of skills, knowledge, or expertise, often associated with professional or technical fields.

Business Challenges

Difficulties, obstacles, or uncertainties that an organization faces in its effort to achieve its goals or maintain competitive advantage.

Human Capital Requirements

The skills, knowledge, and abilities that employees need to possess to fulfill their roles effectively within an organization.