If You Hire an Additional Worker for Your Farm and You

question 48

Multiple Choice

If you hire an additional worker for your farm and you don't buy more land or tools, which of the following would explain why this worker's marginal product is less:

• A)law of farming.
• B)law of production function.
• C)law of diminishing returns.
• D)law of economics.
• E)none of the above.

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Definitions:

Natural Scientists

Professionals who study the physical world, encompassing various disciplines such as biology, chemistry, physics, and earth sciences, to understand nature's laws and phenomena.

Social Interaction

Social interaction is the process by which individuals act and react to those around them, based on verbal communication, non-verbal gestures, and shared cultural norms.

Agents of Socialization

Agents of socialization are people or groups that influence an individual's attitude, behavior, and self-image, including family, schools, peers, and media.

Study of the Self

involves exploration and analysis of one's identity, behavior, and individuality, often a focus in psychology and philosophy.